Collaborative marketing agreement
March 16th, 2015
RaytheonUK and Falck Schmidt Defence Systems have signed a collaborative marketing agreement to explore joint power sub-systems and platform integration opportunities. The two companies will also market their combined capabilities and products throughout Europe and North America,
Through this agreement, Raytheon brings its capabilities in the design, manufacture, test and supply of integrated power solutions, which Falck Schmidt enhances with its extensive experience in the field of platform integration and auxiliary power systems.
"This collaborative agreement enhances Raytheon's ability to design solutions and strategically partner in the next-generation power market by growing our capability through teaming with recognised and reputable leaders in their field like Falck Schmidt," said Stephen Doran, managing director of Raytheon's Power & Control business.
"Raytheon is investing considerably to develop its advanced power products, leveraging our credentials in military and space-grade design, manufacture and supply chain to solve customers' demanding, platform size, weight and power density challenges. Our alignment with Falck Schmidt will enable us to continue to offer customers a 'one-stop' approach to ensure our clients can take mission system electronics to market simpler, safer and swifter."
Together, the two companies will offer defence customers complete end to end power systems and integration services and products.
About Raytheon UK
Raytheon UK is a subsidiary of Raytheon Company. It is a prime contractor and major supplier to the UK Ministry of Defence and has developed strong capabilities in mission systems integration in defence, national security and commercial markets. Raytheon UK also designs, develops and manufactures a range of high-technology electronic systems and software at facilities in Harlow, Glenrothes, Uxbridge, Waddington and Broughton.
Raytheon Company (NYSE: RTN), with 2013 sales of $24 billion and 63,000 employees worldwide, is a technology and innovation leader specializing in defense, security and civil markets throughout the world. With a history of innovation spanning 92 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems; as well as cyber security and a broad range of mission support services. Raytheon is headquartered in Waltham, Mass. For more about Raytheon, visit us at www.raytheon.com
About FALCK SCHMIDT Defence Systems
FALCK SCHMIDT Defence Systems designs, manufactures and deliver Auxiliary Power Units, electrically driven telescopic mast, structural composites, cable harness & instrumentation to global customers. The company, through its rich heritage in engineering and innovation, has a good reputation in supporting the military organizations with modern and sophisticated products, among them APUs. The area of expertise in the APU, is the selection of the right engine, generator set and control systems. The expertise is based on many years of experience, in the integration of various systems in military vehicles, customized to meet customer requirements.
Currently FALCK SCHMIDT Defence Systems are on contract to produce a demonstrator based on Solid Oxide Fuel Cell. Raytheon UK is an important contributor on this project.
The company is headquartered in Odense, Denmark, and has subsidiaries in the UK and U.S. For more about Falck Schmidt Defence Systems, please visit us at www.f-sds.com.