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Qatar To Spend $11 Billion On Patriot, Javelin and Apache

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Qatar To Spend $11 Billion On Patriot, Javelin and Apache
U.S. Secretary of Defense and Qatar’s Minister of State for Defense Affairs signing ceremony Photo: U.S. DoD

The U.S. Secretary of Defense and Qatar’s Minister of State for Defense Affairs signed letters of offer and acceptance for a potential $11 billion to buy U.S. Patriot, Javelin and AH-64 Apache helicopter systems. Boeing [BA] produces the Apache. Lockheed Martin [LMT] makes sensors for Apache and produces the PAC-3 missile for the Patriot Air and Missile Defense System. The Javelin Joint Venture, comprised of Lockheed Martin and Raytheon [RTN], build the Javelin missile system. “Lockheed Martin is honored to…

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