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 build
Romania's first brand-new Patriot
fire unit.
"We are using what we have learned in building 220 fire units
and to meet Romania's Patriot
fielding schedule," said Tom
Laliberty, vice president of Integrated Air and Missile
Defense at Raytheon's Integrated Defense Systems business.
Raytheon has already ordered thousands of critical long-lead
items from hundreds of suppliers, and begun production of:
- Critical electronic components
- Machined parts
- Circuit card assemblies and cables
Patriot is the backbone of NATO and Europe's defense against ballistic and cruise
missiles, advanced aircraft and drones.
NATO Nations with Patriot: The US, Germany, Greece, the
Netherlands, and Spain
currently have Patriot. On Nov. 29th,
2017, Romania signed a
Letter of Offer and Acceptance for Patriot, making it the 6th NATO
member state to procure Patriot. On March
28, Poland signed a Letter
of Offer and Acceptance for Patriot, making it the 7th NATO state
to procure Patriot.
European Interest in Patriot: A congressional notification
regarding a potential Patriot sale to Sweden has been completed.
Raytheon's Patriot 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.
About Raytheon
Raytheon Company, with 2017 sales
of $25 billion and 64,000 employees,
is a technology and innovation leader specializing in defense,
civil government and cybersecurity solutions. With a history of
innovation spanning 96 years, Raytheon provides state-of-the-art
electronics, mission systems integration,
C5I™ products and services, sensing, effects, and
mission support for customers in more than 80 countries. Raytheon
is headquartered in Waltham, Mass.
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Note to Editors
The 15 Patriot Nations are:
- United States of America
- The Netherlands
- Germany
- Japan
- Israel
- Kingdom of Saudi Arabia
- Kuwait
- Taiwan
- Greece
- Spain
- Republic of Korea
- United Arab Emirates
- Qatar
- Romania
- Poland
Media Contact
Mike Nachshen
+ 1.520.269.5697
idspr@raytheon.com
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SOURCE Raytheon Company