Raytheon Awarded more than $2 billion for an International Patriot Air and Missile Defence System

Date: Issue 60 - May 2015

Raytheon Company announced it has been awarded a contract worth over $2.0 billion to deliver the combat-proven Patriot Air and Missile Defence System to an undisclosed international customer. 

The contract, awarded on April 2, 2015 and booked in the second quarter as a direct commercial sale, includes fully digitized new-production Patriot fire units with the latest technology for improved threat detection, identification and engagement. The contract also includes a full training package and support equipment.