Raytheon awarded contract worth more than $1.5 billion for additional Patriot™ integrated air and missile defense capability
Undisclosed nation deepens investment in Patriot
ANDOVER, Mass., Jan. 9, 2018
ANDOVER, Mass., Jan. 9, 2018 /PRNewswire/ -- An undisclosed member of the 14-nation group that own the combat-proven Patriot Integrated Air and Missile Defense System has awarded Raytheon Company (NYSE: RTN) a direct commercial sales contract worth more than $1.5 billion for additional capability. The contract was awarded on Jan 4, 2018.
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. Follow us on Twitter.
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SOURCE Raytheon Company