Raytheon gets $2 billion to provide Patriot missile defense system to international userNews
April 17, 2015
TEWKSBURY, Mass. Raytheon won a contract worth more than $2.0 billion to provide their Patriot Air and Missile Defense System to an undisclosed international customer.
The contract, awarded this month and booked in the second quarter as a direct commercial sale, consists of the fully digitized new-production Patriot fire units, which have the latest technology for improved threat detection, identification and engagement such as the Patriot radar system. The contract also has a full training package and support equipment.
"Including this most recent contract, Raytheon has booked more than $5 billion in international Patriot orders since late December 2014," says Daniel J. Crowley, president of Raytheon Integrated Defense Systems.