RAYTHEON AWARDED MORE THAN $2 BILLION FOR AN INTERNATIONAL PATRIOT AIR AND MISSILE DEFENSE SYSTEM
TEWKSBURY, Mass. - Raytheon Co has announced the awarding of a contract worth over $2.0 billion to deliver the combat-proven Patriot Air and Missile Defense System to an undisclosed international customer.
The contract, awarded on April 2, 2015 and booked in the second quarter as a direct commercial sale, includes fully digitized new-production Patriot fire units with the latest technology for improved threat detection, identification and engagement. The contract also includes a full training package and support equipment.
"In the past five months Qatar, Korea and now this international partner have all chosen Raytheon's Global Patriot solution because they have confidence in the world's most advanced air and missile defense system," said Daniel J. Crowley, president of Raytheon Integrated Defense Systems. "Including this most recent contract, Raytheon has booked more than $5 billion in international Patriot orders since late December 2014."
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