PR Newswire:
The State of Kuwait will soon be able to better protect its cities and key infrastructure against ballistic missiles, aircraft and other airborne threats. The U.S. Army awarded Raytheon Company (NYSE: RTN) a $523 million undefinitized contract action to upgrade the State of Kuwait’s Patriot Air and Missile Defense Systems to the most modern configuration currently fielded.
The contract was announced by the Department of Defense on June 23.
“Kuwait and other members of the 13-nation strong Patriot Partnership continue to invest in the system and trust Patriot to defend their citizens and militaries,” said Ralph Acaba, Raytheon vice president of Integrated Air and Missile Defense. “Patriot is the only system in the world that is combat-proven and designed to outpace the future threat through continuous evolution.”
