tiprankstipranks
RTX’s Raytheon awarded $1.2B contract for Patriot air and missile defense system
The Fly

RTX’s Raytheon awarded $1.2B contract for Patriot air and missile defense system

Raytheon, an RTX business, was awarded a $1.2B contract to supply Germany with Patriot air and missile defense systems. These systems will augment Germany’s existing air defense infrastructure with additional Patriot equipment. The scope of the contract includes the most current Patriot Configuration 3+ radars, launchers, command and control stations, associated spares, and support. “This contract reflects the global emphasis on advanced air and missile defense capabilities and the steadfast confidence in Patriot,” said Tom Laliberty, president of Land and Air Defense Systems at Raytheon.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles