Raytheon to Establish Missile-System Facility in U.S.
August 03 2020 - 9:43AM
Dow Jones News
By Matt Grossman
Raytheon Technologies Corp. said Monday that its Raytheon
Missiles & Defense business will establish a facility in the
U.S. to produce equipment for the Iron Dome weapons system.
Raytheon will create the facility in conjunction with Rafael
Advanced Defense Systems Ltd., an Israeli-based defense company. A
site will be chosen by the end of the year, Raytheon said.
The facility will produce missiles and launchers for the Iron
Dome system, which has been used in Israel to intercept and destroy
incoming missiles, rockets and artillery. The U.S. facility will
help the U.S. Defense Department and U.S. allies implement the
system elsewhere, a Raytheon executive said.
Write to Matt Grossman at matt.grossman@wsj.com
(END) Dow Jones Newswires
August 03, 2020 09:28 ET (13:28 GMT)
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