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Raytheon Urges NRC to Correct Overstated Patriot Cost Assessment

Cal Biesecker By
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Raytheon [RTN] is urging the National Research Council (NRC) to correct a report where a math error on the long-term costs of the Army’s Patriot Weapon System the company believes is overstated by “a factor of 15.” The well-circulated Sept. 11 NRC draft report on ballistic missile defenses drew headlines because of huge support costs for the Patriot PAC 3/MSE system based on what the company called faulty math. If it cost hundreds of millions to keep Patriot fielded, then…

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