BUCHAREST, Romania,
Nov. 29, 2017 /PRNewswire/ -- The
government of Romania signed an
agreement to purchase Raytheon's (NYSE: RTN) combat proven
Patriot from the U.S. Army. The agreement, formally referred to as
a Letter of Offer and Acceptance, paves the way for Romania's Patriot force to rapidly reach
Initial Operational Capability, and sets the stage for the U.S.
government to begin contract negotiations with Raytheon.
Patriot is a purely defensive system that is the backbone of
NATO's defense against ballistic and cruise missiles, advanced
aircraft and drones. Romania's procurement of the system will help
the country meet its NATO commitment to spend at least 2% of its
Gross Domestic Product on defense.
"With its newly built Patriot capability, Romania's military will have the ability to
defend Romania and its NATO
allies," said Tom Laliberty,
Raytheon vice president of Integrated Air and Missile Defense.
"Patriot will also enable Romanian air defenders to train, exercise
and interoperate with their U.S. and European counterparts."
Thirteen other nations depend on Patriot to protect their
citizens and armed forces, including the U.S. and four other
European nations: Germany,
Greece, the Netherlands and Spain.
"This procurement will create jobs in both the U.S. and
Romania," Laliberty added.
"Raytheon is developing long-term relationships with Romanian
companies to help us build and sustain Romania's Patriot fleet."
Romania will receive the
Patriot Configuration 3+, the most advanced configuration
available, as well as an undisclosed quantity of GEM-T and PAC-3
MSE interceptor missiles. These interceptors will enable
Romania's military to defeat
current and emerging threats.
About Raytheon
Raytheon Company, with 2016 sales of $24
billion and 63,000 employees, is a technology and innovation
leader specializing in defense, civil government and cybersecurity
solutions. With a history of innovation spanning 95 years, Raytheon
provides state-of-the-art electronics, mission systems integration,
C5ITM products and services, sensing, effects, and
mission support for customers in more than 80 countries. Raytheon
is headquartered in Waltham,
Massachusetts. Follow us on Twitter.
www.raytheon.com
Media Contact
Mike
Nachshen
+ 1.520.269.5697
idspr@raytheon.com
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SOURCE Raytheon Company