PARIS 09: Raytheon positions for UAS work
Raytheon is among the US companies positioning themselves for the expected bonanza in UAS spending that has been signalled by US Defense Secretary Robert Gates in advance of an expected review of Department of Defense (DoD) spending. The company also believes that there may well be the chance to get in to lucrative civil markets such as law enforcement in the next decade.
Speaking at the Paris Air Show, Mark Bigham, Raytheon Intelligence and Information Systems business development director, said that the company projected that the annual revenue potential from UAVs would grow from $4.4 billion to $8.7 billion in
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