Radstone Technology Announces a New Torpedo Contract from Raytheon

Radstone Technology PLC (‘Radstone’, LSE:RST) the world’s leading independent supplier of rugged, high-performance, embedded computer products for defense and aerospace applications has been awarded a new contract for US $4.5 million from Raytheon Integrated Defense Systems, Tewksbury, Massachusetts. Radstone is to provide its latest rugged signal processors for use in the MK 48 Advanced Capability (ADCAP) torpedo upgrade program. The ADCAP program is a joint development between the Naval Undersea Warfare Center (NUWC), Portsmouth, RI and Raytheon Integrated Defense Systems. The MK48 ADCAP torpedo is the US Navy’s premier heavyweight submarine-launched torpedo and is widely recognized as the world’s most capable anti-submarine weapon. ADCAP is a wire-guided, thermal torpedo launched through the full submarine’s depth and speed profile. This production contract is Phase 8 of the program and is in addition to the Phase 7 contract that Radstone was awarded in 2002. Radstone’s G4DSP and PowerPC processors will enable Raytheon to take full advantage of the latest rugged Commercial-off-the-Shelf (COTS) computer technology to achieve advances in guidance, control speed and memory, and significantly reduce radiated noise. Commenting on the win, Peter Cavill; Radstone’s Managing Director said; “We are very pleased to be continuing our work with Raytheon and NUWC on this important program. Radstone’s G4DSP rugged Digital Signal Processor is an ideal match to the requirements of the system and is further demonstration of Radstone’s growing emergence as a major DSP supplier.”