Raytheon to Provide Qatar with Early Warning Radar for $1.1B

Raytheon logoQatar has requested to buy a Raytheon-made (NYSE: RTN) air defense system with additional components through a $1.1 billion foreign military sales agreement.

The government of Qatar intends for the A/N FPS-132 Block 5 early warning radar to boost its defense capabilities in the Qatar Peninsula, protect the economic infrastructure and counter regional threats, the Defense Security Cooperation Agency said Monday.

The sale requires the deployment of U.S. government and Raytheon representatives to assist in implementing the defense system.

Other components of the sale include equipment package, technical and support services, communication tools, encryption devices, spare and repair parts and test equipment.

The U.S. government will also provide training, engineering, technical support and logistics services.

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