Boston Globe:
Even as the United States cuts its military spending, insurgencies in Eastern Europe and civil wars in the Middle East are raging. It is a disaster for world peace but an opportunity for US arms makers such as Waltham-based Raytheon Co.
In the past six months, Raytheon has made three overseas sales of its Patriot missile defense systems. The company’s latest win was revealed Tuesday, when the government of Poland chose the Patriot over a host of American and European rivals.
The Polish paper Gazeta Wyborcza, which first reported the deal, estimated its value at $7 billion. But Raytheon spokesman Michael Doble said the exact terms of the sale, including price, are still being worked out.
“We’ve been selected, but the contract has not been written,” said Doble. “We don’t know the dollars . . . now we have to negotiate the terms and conditions of the contract.”
A statement issued by the Polish government on Tuesday said Poland plans to acquire eight Patriot batteries by 2025, including two to be deployed in the first three years of the deal. The Polish government will also require Raytheon to share its technical know-how with Polish companies, which will assist in building and maintaining the Patriot system…
