Raytheon awarded contract to produce Romania’s new Patriot system

May 25, 2018 | By forimmediaterelease.net - | Filed in: Press Releases.

Raytheon's Patriot (TM) is a missile defense system consisting of radars, command-and-control technology and multiple types of interceptors, all working together to detect, identify and defeat tactical ballistic missiles, cruise missiles, drones, advanced aircraft and other threats. Patriot is the foundation of integrated air and missile defense for 15 nations.TEWKSBURY, Mass., May 25, 2018 /PRNewswire/ — The U.S. Army has awarded Raytheon Company [NYSE: RTN] a $395.8 million contract for production of Romania’s Patriot™ Air and Missile Defense System.
Announced by the Department of Defense on May 24, the contract calls for Raytheon to…

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