Raytheon [RTN] said it has received an initial contract to provide engineering services related to a U.S. government Foreign Military Sale of the Patriot air and missile defense system to South Korea. Raytheon expects significant follow-on awards to complete the system integration and to provide command and control, communications and maintenance support equipment, as well as the training of Korean operators and maintainers and technical assistance to the deployed systems. "There is a strong continuing demand, both domestically and internationally,…
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