ANDOVER, Mass., Nov. 28, 2016 /PRNewswire/ -- An undisclosed
member of the 13-nation group that owns the combat-proven Patriot
Integrated Air and Missile Defense System has awarded Raytheon
Company [NYSE: RTN] a $225 million
direct commercial sales contract for additional capability. The
contract was awarded on Oct 19.
"Our customer chose to continue investing in Patriot because
Patriot saves lives," said Ralph
Acaba, Raytheon vice president of Integrated Air and Missile
Defense. "That added capability will strengthen our customer's
protection against the evolving threats of tactical ballistic
missiles, cruise missiles and enemy aircraft."
Patriot is built on a foundation of more than 1,400 flight
tests, 3,000 ground tests and the experiences of the five nations
that have used Patriot in combat operations.
The contract was awarded less than 45 days after Poland officially requested Patriot from
the United States government and
the Netherlands awarded Raytheon a
contract to begin upgrading its own Patriot systems. Since
December, 2014, the 13 Patriot partner nations have invested more
than $7.2 billion with Raytheon in
procuring and upgrading the system.
About Global Patriot Solutions
Raytheon's Global Patriot Solutions is the most advanced portfolio
of air and missile defense technologies in the world, providing
comprehensive protection against a full range of advanced threats,
including aircraft, tactical ballistic missiles, cruise missiles
and unmanned aerial vehicles. Patriot is continually upgraded and
enhanced to leverage the latest technology. Thirteen nations depend
on Patriot as the foundation for their defense.
About Raytheon
Raytheon Company, with 2015 sales of
$23 billion and 61,000 employees, is
a technology and innovation leader specializing in defense, civil
government and cybersecurity solutions. With a history of
innovation spanning 94 years, Raytheon provides state-of-the-art
electronics, mission systems integration, C5ITM products and
services, sensing, effects, and mission support for customers in
more than 80 countries. Raytheon is headquartered in Waltham, Massachusetts. Follow us on Twitter
@Raytheon.
This document does not contain technology or technical data
controlled under either the U.S. International Traffic in Arms
Regulations or the U.S. Export Administration. E16-SYKZ.
Media Contact
Mike Nachshen
+1.520.269.5697
idspr@raytheon.com
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SOURCE Raytheon Company