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MISSILE DEFENSE
 Raytheon awarded $946M contract to deliver additional Patriot Defense Systems
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Raytheon awarded $946M contract to deliver additional Patriot Defense Systems
 by Clarence Oxford
 Los Angeles CA (SPX) Jan 07, 2025

Raytheon, an RTX (NYSE: RTX) business, was awarded a $946 million contract to supply Romania with additional Patriot air and missile defense systems.

The contract includes fire units consisting of radars, control stations and missiles.

"Raytheon is committed to providing Romania with advanced integrated air and missile defense capabilities to protect its citizens and critical infrastructure," said Pete Bata, senior vice president of Global Patriot at Raytheon.

"Romania's continued investment in Patriot is a testament to the nation's dedication to ensuring collective security, deterrence, and stability across Europe."

Raytheon continues to partner with local Romanian defense companies as part of its Patriot global supply chain network.

Patriot is the only combat-proven ground-based air and missile defense capability in the world able to defend against advanced long-range cruise missiles, tactical ballistic missiles, and the full spectrum of air-breathing threats.

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