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Raytheon : awarded $551 million US Army contract to begin production of Patriot for the Kingdom of Bahrain

March 09, 2020 at 11:58 am EDT

TEWKSBURY, Mass - The U.S. Army awarded Raytheon Company (NYSE: RTN) a $551 million contract to begin production of the combat-proven Patriot air and missile defense system for the Kingdom of Bahrain. The contract was awarded on January 31, 2020.

'Raytheon's Patriot provides the Kingdom of Bahrain and 16 other countries around the globe with a combat-proven system that protects citizens, infrastructure and armed forces from a broad spectrum of threats,' said Tom Laliberty, vice president of Integrated Air and Missile Defense at Raytheon's Integrated Defense Systems business. 'Patriot works, has saved countless lives, and will continue to do so for many years because the system is constantly tested, modernized, upgraded and improved to stay ahead of the advancing threat.'

Raytheon's Patriot is the most advanced tactical air and missile defense system in the world, providing protection against a full range of advanced threats, including aircraft, tactical ballistic missiles, cruise missiles and unmanned aerial vehicles.

About Raytheon

Raytheon Company, with 2019 sales of $29 billion and 70,000 employees, is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. With a history of innovation spanning 98 years, Raytheon provides state-of-the-art electronics, mission systems integration, C5I products and services, sensing, effects, and mission support for customers in more than 80 countries. Raytheon is headquartered in Waltham, Massachusetts. Follow us on Twitter.

Note to Editors

The 17 Patriot Nations are:

United States of America

The Netherlands

Germany

Japan

Israel

Kingdom of Saudi Arabia

Kuwait

Taiwan

Greece

Spain

Republic of Korea

United Arab Emirates

Qatar

Romania

Sweden

Poland

Kingdom of Bahrain

Media Contact

Mike Nachshen

+1.520.269.5697

idspr@raytheon.com

SOURCE Raytheon Company

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Company Profile

Raytheon specializes in the design, manufacturing and marketing of electronic defense equipment and systems. Net sales break down by family of products and services as follows: - missile systems (29.2%): weapons systems, missiles, munitions, projectiles, etc.; - integrated air and missile defense systems (23.4%): radars systems, control and monitoring equipments, communication, information, detection and imaging systems, etc.; - aerospace systems (23.1%): radars, airborne sensors, tactical airborne communications systems, software-defined radio solutions, advanced tactical networking systems, cryptographic systems, real-time sensor networking systems, etc.; - intelligence, surveillance and reconnaissance solutions and services (22.1%). The group also provides network systems (communication, surveillance, traffic control systems, etc.) and technical services (consulting, engineering, technical assistance and training services etc.); - network and information security solutions and services (2.2%). Net sales break down geographically as follows: the United States (70.6%), Middle East and North Africa (14%), Asia/Pacific (9.3%) and other (6.1%).

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