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Raytheon Awarded $17 Million To Upgrade South Korea’s Patriot Systems

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Raytheon [RTN] has been awarded a $17.2 million Foreign Military Sales contract modification to deliver capability upgrades for South Korea's Patriot Air and Missile Defense System. With emphasis on upgrading the global Patriot fleet, Raytheon will deliver prime-power equipment as an alternative power source for Patriot system operations and will deliver communications equipment to enhance Patriot interoperability with air defense command centers. This contract from the U.S. Army Aviation and Missile Command, Redstone Arsenal, Ala., augments Raytheon's ongoing efforts as…

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