Home / Contract Awards / Report: Poland Selects Raytheon for Missile Defense System Contract

Report: Poland Selects Raytheon for Missile Defense System Contract

MissileDefensePoland has decided to award Raytheon (NYSE: RTN) a contract to build a midrange missile defense system for the Polish military, Reuters reported Tuesday.

Marcin Goettig cites a report from Gazeta Wyborcza newspaper that says Polish government and defense leaders are scheduled to hold a press conference Tuesday to discuss Poland’s military fleet modernization program.

Raytheon competed against a ThalesMBDA team for the contract, which has a total estimated value of $5 billion, according to Goettig.

The Polish newspaper also noted Airbus as the current frontrunner in a competition to provide as many as 70 multipurpose helicopters to Poland, according to Reuters.

Airbus proposed its Caracal EC725 helicopter platform for the program.

Check Also

Booz Allen Issues 2020 Cyber Threat Trends Report

Booz Allen Hamilton (NYSE: BAH) has released a report that describes nine trends the company anticipates in 2020's cybersecurity landscape.

Leonardo Invests in Skydweller to Drive Unmanned Aircraft Tech Dev’t; Alessandro Profumo Quoted

Leonardo has made an investment in unmanned aircraft technology startup Skydweller Aero in a move to accelerate the deployment of the latter’s solar-powered drone platform.