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Title : Raytheon Wins $1.5Bn Patriot Order
link : Raytheon Wins $1.5Bn Patriot Order

Raytheon Wins $1.5Bn Patriot Order

Raytheon Awarded Contract Worth More Than $1.5 Billion for Additional Patriot Integrated Air And Missile Defense Capability

(Source: Raytheon Co.; issued Jan. 9, 2018)

Although Raytheon has not named the country which ordered $1.5 billion’s worth of additional Patriot air-defense missiles, rumor has it that this is Saudi Arabia’s second such order. (Twitter photo)

ANDOVER, Mass. --- An undisclosed member of the 14-nation group that own the combat-proven Patriot Integrated Air and Missile Defense System has awarded Raytheon Company a direct commercial sales contract worth more than $1.5 billion for additional capability. The contract was awarded on Jan 4, 2018.

Raytheon's Patriot is a missile defense system consisting of radars, command-and-control technology and multiple types of interceptors, all working together to detect, identify and defeat

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tactical ballistic missiles, cruise missiles, drones, advanced aircraft and other threats. Patriot is the foundation of integrated air and missile defense for 14 nations.

Raytheon Company, with 2016 sales of $24 billion and 63,000 employees, is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. With a history of innovation spanning 95 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.

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