Raytheon Signs Pact to Supply 245 Stinger Missiles to India
March 30 2016 - 7:33AM
Dow Jones News
By Santanu Choudhury
NEW DELHI--Raytheon Co. (RTN) said Wednesday that it has signed
a pact with India's defense ministry to supply 245 Stinger
air-to-air missiles.
The U.S. defense contractor didn't disclose the value of the
deal, which includes supplying missile launchers and providing
engineering support. A defense ministry spokesman couldn't be
reached immediately for comment.
Raytheon said India's order is part of a $3.1 billion deal with
the U.S. to supply combat helicopters, radars and electronic
warfare systems. As part of the deal, India last year approved
plans to buy 22 Apache attack helicopters from Boeing Co.
Write to Santanu Choudhury at santanu.choudhury@wsj.com
(END) Dow Jones Newswires
March 30, 2016 07:18 ET (11:18 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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