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Poland And U.S. Sign $4.75 Billion Agreement For Patriot Missile Defenses

Friday, March 30th, 2018

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Poland signed a Letter of Offer and Acceptance (LOA) to buy Raytheon’s [RTN] Patriot air and missile defense system, interceptors, and a battle management system for upward of $4.75 billion during an event on March 28.Polish Defense Minister Mariusz Blaszczak signed the LOA with President Andrzej Duda, Prime Minister Mateusz Morawiecki, National Security Bureau head Pawel Soloch, and other government and military officials.The LOA is the first step before the U.S. government starts contract negotiations with Raytheon and other industry partners…

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