Search Results for: patriot system

Raytheon Lands $2.3B Army Contract for Patriot System-of-Systems Engineering Services

Raytheon (NYSE: RTN) has received a potential five-year, $2.30 billion contract from the U.S. Army to provide system-of-systems engineering support for Phased Array Tracking Radar Intercept on Target weapons. The Defense Department said Tuesday Raytheon will support Patriot-related software and refresh systems deployed outside the continental U.S. and partner countries. Patriot is a missile defense system composed of …

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US, Poland Sign Memorandum for Potential Sale of Raytheon-Built Patriot System

TYSONS CORNER, VA, July 7, 2017 — The governments of Poland and the U.S. have inked a memorandum that would enable the former to procure Raytheon-built (NYSE: RTN) Patriot missile defense systems, ExecutiveBiz reported Thursday. Reuters reported Thursday Poland’s Defense Minister Antoni Macierewicz unveiled the agreement ahead of U.S. President Donald Trump’s visit …

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Raytheon to Update Kuwait’s Patriot System Fire Units Under $523M FMS Contract

Raytheon (NYSE: RTN) has acquired a $523 million foreign military sales contract from the U.S. Army to modernize six Patriot air and missile defense fire units for Kuwait. Services will be conducted in sites across Alabama, Massachusetts and California as well as in Norway, Italy, Greece, Canada and the U.K., the Defense Department said …

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Tim Glaeser: Raytheon Expects US, Qatar to Close Patriot System Deal By 2014’s End

Tim Glaeser, a vice president at Raytheon (NYSE: RTN), expects the governments of U.S. and Qatar to reach an agreement by the end of the year for Qatar to purchase a Patriot missile defense system from the U.S. through a foreign military sales agreement, Reuters reported Tuesday. Glaeser, vice president of Raytheon’s integrated defense …

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Raytheon Forecasts Increased Int’l Patriot System Demand; William Swanson Comments

Raytheon officials expect the company to receive new orders and system upgrade contracts for the Patriot air and missile defense system during the second half of 2013, Reuters reported Sunday. Andrea Shalal-Esa writes the company has invested more than $400 million over the last four years in a Patriot modernization …

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Raytheon Receives Contracts for PATRIOT System in Taiwan

Raytheon has received two Foreign Military Sales contracts to provide the PATRIOT Air and Missile Defense system to Taiwan. The contracts are worth a total of $1.1 billion and were issued by the U.S. Army Aviation and Missile Command. Daniel L. Smith, president of Raytheon Integrated Defense Systems (IDS), said …

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KBR’s Govt Arm Secures $133M Army Patriot Missile System Support Order

The U.S. Army has awarded KBR‘s (NYSE: KBR) government services business a potential $133 million task order to support engineering and technical analysis of the Patriot missile defense system and adjunct systems. KBRwyle will help the service branch implement  engineering changes, modification retrofits and technical upgrades as well as conduct reliability, availability and maintainability …

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Report: Sweden to Finalize Potential $3B Purchase of Raytheon’s Patriot Missile Defense System

Sweden is close to finalizing a potential $3 billion purchase of Raytheon‘s (NYSE: RTN) Patriot missile defense system within the coming weeks, Reuters reported Wednesday. Joakim Lewin, the Army Design Office head at the Swedish Materiel Administration, told the news agency that Sweden will seek the approval of the U.S. for the …

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Poland Inks Deal to Buy Raytheon Patriot Missile System From US Govt

Poland has signed an agreement to purchase the Raytheon-built Patriot integrated air-and-missile defense platform from the U.S. government. Pete Bata, vice president of Polish air and missile defense at Raytheon, said in a statement published Wednesday the letter of offer and acceptance will pave the way for the company to …

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Report: Poland Inks Offset Deals With Lockheed, Raytheon for Patriot Missile System

Poland has signed potential 10-year offset agreements with Raytheon (NYSE: RTN) and Lockheed Martin (NYSE: LMT) related to the European country’s planned procurement of the Patriot missile system, The Times of Israel reported Friday. “The offset agreements for the Wisla program are signed… This is the final step before signing …

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