Raytheon [RTN] yesterday said its modernized Patriot Air and Missile Defense System successfully fired two Lockheed Martin [LMT] PAC-3 missiles to engage a tactical ballistic missile (TBM) at White Sands Missile Range, N.M. Raytheon is the Patriot System Integrator, while Lockheed Martin is the prime contractor for the Patriot PAC-3 missile system. Sanjay Kapoor, vice president for Integrated Air and Missile Defense at Raytheon’s Integrated Defense Systems business, said: “The demonstrated flawless performance of the modernized Patriot system means our…
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