Raytheon will sell Patriot to Saudi Arabia
Raytheon has announced that it has received approval from the US Congressional and State Department for a Direct Commercial Sale of a Patriot Air and Missile Defense System upgrade package to the Kingdom of Saudi Arabia. The award is worth USD $1.7 billion to the company.
Under the contract, Raytheon will provide ground-system hardware, a full training package, support equipment upgrades and an interoperability capability to support potential coalition operations.
According to Raytheon, Patriot is the world's most capable air and missile defence system, protecting against a full range of advanced threats, including aircraft, tactical ballistic missiles, cruise missiles and unmanned aerial vehicles. It is the system of choice for 12 nations around the globe.
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