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Raytheon, Lockheed Martin Could Benefit From FMS Patriot Sales To Turkey

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The Defense Security Cooperation Agency (DSCA) Sept. 9 notified Congress of a possible $7.8 billion Foreign Military Sale (FMS) to Turkey of Patriot missile system equipment, a first. The principal contractors will be Raytheon [RTN] and Lockheed Martin [LMT]. The FMS would include 13 Patriot Fire Units, 72 Patriot Advanced Capability (PAC-3) missiles, four PAC-3 Lot Validation Missiles, 197 MIM-104E Patriot Guidance Enhanced Missiles-T (GEM-T), four MIM-104E GEM-T Lot Validation Missiles, five Patriot Digital Missiles, five Anti-Tactical Missiles and other…

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