The Kingdom of Saudi Arabia has awarded Raytheon (NYSE:RTN) with a $600 million contract to deliver a Command, Control, Communications, Computers and Intelligence (C4I) system.
According to a company statement, the Saudi Ministry of Defense will facilitate the contract for a “national, strategic C4I system, providing capabilities for joint service coordination.”
(Click Here, to read about a Raytheon tactical missile sale to Saudi Arabia and South Korea.)
Raytheon’s network centric systems business will lead the company’s fulfillment of the contract.
Raytheon said it has partnered with the Kingdom for more than 40 years.