Aerospace Group:

Raytheon Wins $225 Million Contract For Increased Patriot Capability

Monday, November 28th, 2016

SHARE:

Raytheon Wins $225 Million Contract For Increased Patriot Capability

Raytheon's Patriot air and missile defense system. (Photo: Raytheon)

Raytheon [RTN] won a $225 million contract in direct commercial sales for additional capacity of Patriot Integrated Air and Missile Defense Systems from an undisclosed member of the 13-country group that owns Patriot systems, the company said Monday.The company highlighted the contract was originally awarded on Oct. 19, less than 45 days after Poland officials requested the Patriot system from the U.S. government. At that time the Netherlands also awarded Raytheon a contract to start upgrading its Patriot systems.“That added…

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]