Wärtsilä and Raytheon Corporation sign global co-operation agreement for supply of navigation systems

Wärtsilä Corporation, Trade press release 19 March 2010 at 10:00 UTC+2

Wärtsilä, the marine industry’s leading ship power systems integrator, has signed a new agreement with Raytheon Anschütz, a division of Raytheon Co., USA. Raytheon Anschütz is based in Kiel, Germany. The agreement extends the scope of Wärtsilä’s offering of integrated system solutions to include navigation systems, which can now be offered by Wärtsilä on a global basis.

“The co-operation between Wärtsilä and Raytheon is in line with our strategy of staying at the forefront of systems integration within the marine sector,” commented Mr Jaakko Eskola, Group Vice President, Wärtsilä Ship Power. “This close association with Raytheon Anschütz is something that delivers benefits to the global operations of both parties. It gives us the ability to combine our engine and propulsion controls, our alarm and monitoring systems, and the Raytheon Anschütz navigation systems into a seamless integrated package.”

Wärtsilä intends to make these integrated packages, combining navigation and automation systems, available for all types of vessels. Wärtsilä Services will also, as a result of this agreement, be offering global retrofit possibilities. Raytheon Anschütz will provide their entire range of Integrated Bridge Systems, including Multifunction Displays, Radars, Chart Systems, Conning Display, Gyro Compasses, Autopilots and Steering Controls, Speed Logs, Echosounders, and Communication Systems, which provide maximum flexibility for navigation data access at any location on the bridge, and delivers the information needed for safe and precise ship navigation.

Media contacts:
Mr Aaron Bresnahan
Director, Business Development, Specials Segment
Wärtsilä Ship Power
Tel: +1 757 966 5412
e-mail: aaron.bresnahan@wartsila.com

Ms Marit Holmlund-Sund
Senior Manager, PR and Marketing Communications
Wärtsilä Corporation
Tel: +358 10 709 1439
e-mail: marit.holmlund-sund@wartsila.com

Mr Andreas Lentfer
Director of Business Development
Raytheon Anschütz GmbH
Tel: +49 431 3019 423
e-mail: Andreas_Lentfer@raykiel.com

Wärtsilä in brief:
Wärtsilä is a global leader in complete lifecycle power solutions for the marine and energy markets. By emphasising technological innovation and total efficiency, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers.
In 2009, Wärtsilä’s net sales totalled EUR 5.3 billion with more than 18,000 employees. The company has operations in 160 locations in 70 countries around the world. Wärtsilä is listed on the NASDAQ OMX Helsinki, Finland.
www.wartsila.com

Raytheon in brief:
Raytheon Anschütz (Kiel, Germany) is a subsidiary of the Raytheon Company (Waltham, USA). Raytheon Anschütz is a leading supplier of Integrated Navigation Systems for commercial vessels, naval ships and mega yachts.
The company employs more than 500 people and maintains a worldwide service network with more than 200 service stations.
www.raytheon-anschuetz.com