Romania’s Romaero becomes global supplier of Patriot defense system components

October 6, 2020

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Romanian aerospace company Romaero [BSE:RORX] has become a global supplier of components for the Patriot air and missile defense system, U.S.-based defense contractor and industrial corporation Raytheon Technologies said.

Raytheon Missiles & Defense, a division of Raytheon Technologies, sent the first order for Patriot components to Romaero, the U.S. company said in a statement on Monday.

The industrial collaboration between the two companies will allow Romaero to deliver components for both Romania and the other 16 nations that rely on the Patriot system, to ensure their integrated anti-aircraft and anti-missile defense, Raytheon Technologies said.

“Raytheon Missiles & Defense is committed to supporting the local industry. This partnership encourages the further development of a strong Romanian industrial base, and will have economic benefits generated by current and future orders,” Raytheon Missiles & Defense requirements and capabilities executive Mike Ellison said.

The purchase order involves the production of mechanical assemblies that will be included in the final construction process of the Patriot radar. Starting with the delivery of this order, Romaero will have the opportunity to receive subsequent orders from all Patriot countries…

 

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