Raytheon And Samsung Collaborate On Bridge System
March 9, 2000
Raytheon Marine and Samsung Industries have entered into a cooperative agreement to meld key components of Raytheon's Integrated Bridge System into Samsung's Naru 2000, which is an ECDIS-based Integrated Navigation System.
The agreement is designed to further additional business in Asian markets - a large chunk of the industry's shipbuilding. The joint-venture with Samsung is expected to bring in an additional $10 million per year in new sales revenue.
Formatted for commercial vessels, Samsung's fully-integrated Naru 2000 boasts premier safety oriented technologies, such as a Weather Information System and a Collision Avoidance System.
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