ANDOVER, Mass., Dec. 29, 2016 /PRNewswire/ -- An undisclosed
member of the 13 nations which owns and operates the combat-proven
Patriot Integrated Air and Missile Defense System has awarded
Raytheon Company (NYSE: RTN) a direct commercial sales contract
worth more than $600 million to
upgrade the system to the most current configuration.
"Patriot saves lives," said Ralph
Acaba, Raytheon vice president of Integrated Air and Missile
Defense. "Our customer faces a very real, evolving threat; by
upgrading Patriot, they will continue to protect their civilians,
military and critical infrastructure."
The direct commercial sales contract, awarded on Dec. 28th, will upgrade the customer's
Patriot systems to the most advanced configuration available.
Configuration 3+ with the Post Deployment Build 8 software and
hardware suite:
- Enables Patriot to use the PAC-3 MSE interceptor missile
- Enhances Patriot's ability to destroy tactical ballistic
missiles
The contract was awarded less than 120 days after Poland officially requested Patriot from
the United States government.
During that time:
- An undisclosed customer awarded Raytheon $225 million for additional Patriot
capability
- The Netherlands awarded
Raytheon a contract to begin modernizing its Patriot
systems
Since December 2014, and including
this most recent contract, the 13 Patriot partners have invested
more than $7.8 billion 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,
C5I™ 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-YZWR
Media Contact
Mike
Nachshen
+1.520.269.5697
idspr@raytheon.com
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SOURCE Raytheon Company