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Raytheon-Astrium Team to Pursue NATO Missile Defense Contract; George Mavko Comments

State Dept. photo
State Dept. photo

Raytheon (NYSE: RTN) and Astrium have partnered to compete for a potential seven-year, $91 million contract to engineer and integrate a ballistic missile defense system for NATO.

NATO intends to address its territorial defense requirements in Europe under the contract and build both a BMD command and control system and a testing platform, Raytheon said Monday.

George Mavko, director of European missile defense at Raytheon, said Astrium brings more than three decades of experience in ballistic missile development, threat modeling and battle analysis to the team.

NATO expanded the BMD program last year to protect European territories and populations against ballistic missile threats.

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