PR Newswire:
Raytheon Company (NYSE: RTN) is upgrading Germany’s Patriot Integrated Air and Missile Defense System to the most current configuration available under a $105.5 million direct commercial sales contract from the NATO Support and Procurement Agency. The contract award was first announced on Raytheon’s earnings call on July 25th.
“This upgrade ensures that Germany’s air and missile defense remains current until at least 2035,” said Tom Laliberty, Raytheon vice president of Integrated Air and Missile Defense.
