RTX's Raytheon awarded Mentor Protégé agreements to develop operational AI

Rhea-AI Summary

Raytheon, an RTX business, has been awarded two strategic Mentor-Protégé Agreement initiatives by the Department of the Navy Office of Small Business Programs. These initiatives aim to support the development of operational Artificial Intelligence for Department of Defense platforms and programs. Raytheon will mentor Anacapa Micro Products, Inc. and Nara Logics, Inc. over three years, focusing on system design, software architecture, systems integration, IT security constraints, and authority-to-operate requirements.

This collaboration is part of the DoD's Mentor-Protégé Program, established in 1990. The partnership aims to accelerate the development of next-generation autonomous capabilities to enhance decision-making effectiveness for servicemen and women. Upon completion, Raytheon will have a robust technology roadmap aligned with emerging commercial technologies from leading small businesses.

Positive

• RTX's Raytheon awarded two strategic Mentor-Protégé Agreement initiatives
• Collaboration aims to develop operational AI for DoD platforms and programs
• Partnership expected to enhance decision-making effectiveness for servicemen and women
• Raytheon to gain robust technology roadmap aligned with emerging commercial technologies

Negative

• None.

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The collaboration will leverage commercial and defense technologies to enhance decision making

MCKINNEY, Texas, July 29, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, was awarded two strategic Mentor-Protégé Agreement initiatives from the Department of the Navy Office of Small Business Programs to support the development of operational Artificial Intelligence for Department of Defense platforms and programs.

Through joint sponsorship from NAVAIR and the Office of Naval Research, Raytheon will mentor Anacapa Micro Products, Inc. and Nara Logics, Inc. Under two individual three-year contracts, Raytheon will provide mentorship for operational AI on system design, software architecture, systems integration, IT security constraints and authority-to-operate requirements in a collaborative environment.

"The Mentor Protégé Program is an essential element of our overall supplier diversity small business strategy," said Colin Whelan, president of Advanced Technology at Raytheon. "Through this partnership, we'll leverage commercial innovations that can make meaningful contributions to our defense capabilities and ultimately, the success of our servicemen and women." 

This collaboration is part of the DoD's Mentor-Protégé Program, which was established in 1990 and is the oldest continuously operating federal mentor-protégé program in existence. Raytheon has been an active participant in the program since 1991.

Together, the team of Raytheon, Anacapa, and Nara Logics will work to accelerate the development of next-generation autonomous capabilities to enhance the decision-making effectiveness of our servicemen and women.

"We are privileged to participate in this Mentor Protégé relationship that will enhance our joint technical abilities to deliver critical mission support functionality on emerging defense and intelligence platforms," said Jana Eggers, CEO of Nara Logics.

"Our organization is very proud to be a partner with Raytheon under this Mentor Protégé Agreement and we're looking forward to supporting the development, production and testing of next-generation AI to better serve the warfighter," said Ken Marks, CEO of Anacapa Micro Products.

Upon completion, Raytheon will possess an extremely robust technology roadmap aligned with emerging commercial technologies of industry leading small business capabilities.

About Raytheon

Raytheon, an RTX business, is a leading provider of defense solutions to help the U.S. government, our allies and partners defend their national sovereignty and ensure their security. For more than 100 years, Raytheon has developed new technologies and enhanced existing capabilities in integrated air and missile defense, smart weapons, missiles, advanced sensors and radars, interceptors, space-based systems, hypersonics and missile defense across land, air, sea and space.

About RTX

With more than 185,000 global employees, RTX pushes the limits of technology and science to redefine how we connect and protect our world. Through industry-leading businesses – Collins Aerospace, Pratt & Whitney, and Raytheon – we are advancing aviation, engineering integrated defense systems, and developing next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2023 sales of $69 billion, is headquartered in Arlington, Virginia.

For questions or to schedule an interview, please contact corporatepr@rtx.com

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SOURCE RTX

FAQ

What is the purpose of RTX's Raytheon Mentor-Protégé Agreement initiatives?

The purpose is to support the development of operational Artificial Intelligence for Department of Defense platforms and programs, enhancing decision-making effectiveness for servicemen and women.

Which companies will Raytheon (RTX) mentor under these agreements?

Raytheon will mentor Anacapa Micro Products, Inc. and Nara Logics, Inc. under two individual three-year contracts.

How long has RTX's Raytheon been participating in the DoD's Mentor-Protégé Program?

Raytheon has been an active participant in the DoD's Mentor-Protégé Program since 1991.

What areas will RTX's Raytheon focus on during the mentorship?

Raytheon will focus on system design, software architecture, systems integration, IT security constraints, and authority-to-operate requirements in a collaborative environment.