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Defense industry   The direct commercial sales contract

Raytheon awarded $600m contract from Patriot nation

Raytheon PatriotAn undisclosed member of the 13 nations which owns and operates the Patriot Integrated Air and Missile Defense System has awarded Raytheon Company a new deal.

The deal is for a direct commercial sales contract worth more than $600 million to upgrade the system to the most current configuration.

READ MORE Raytheon to get $2 billion for Patriot from mystery customer

"Patriot saves lives," said Ralph Acaba, Raytheon vice president of Integrated Air and Missile Defense.

"Our customer faces a very real, evolving threat; by upgrading Patriot, they will continue to protect their civilians, military and critical infrastructure."

The direct commercial sales contract, awarded on December 28th, will upgrade the customer's Patriot systems to the most advanced configuration available.




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