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    Raytheon Wins $212.6Mln Patriot Missile Contracts for 12 Countries

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    Raytheon has won engineering contracts worth $212.6 million on its Patriot anti-aircraft and anti-ballistic missile systems.

    WASHINGTON (Sputnik) — The Raytheon Company was awarded engineering contracts worth $212.6 million on its Patriot anti-aircraft and anti-ballistic missile systems deployed with the armed forces of 12 US allied nations, the Department of Defense announced.

    "Raytheon IDS [Integrated Defense Systems], Andover, Massachusetts, was awarded a $212.687 million modification to foreign military sales contract… for engineering services for calendar year 2016 for the Patriot program," the announcement stated on Friday.

    The work will be performed at ten different facilities across the United States for Patriot systems operating with the armed forces of Germany, Greece, Israel, Japan, Korea, Saudi Arabia, Kuwait,, Qatar, Spain, Taiwan, United Arab Emirates and the Netherlands, the announcement said.

    The upgrades will provide 360-degrees of protection, while retaining Patriot's mobility and reducing operation and maintenance cost by as much as 50 percent, Raytheon IDS announced in October 2015.

    More than 220 Patriot fire units fielded by the United States and the 12 other Patriot partner nations will be upgraded, the company noted.

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    Tags:
    Patriot missile system, Raytheon, United States
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