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

Rich Abott By
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Poland And U.S. Sign $4.75 Billion Agreement For Patriot Missile Defenses
Poland President Andrzej Duda gives an adress after the Defense Minister signs a Letter of Offer and Acceptance to buy the patriot air and missile defense system. (Photo: Office of the President of the Republic of Poland.)

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 Wednesday.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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