July 30, 2019 | International, Aerospace
$105 million contract provides Germany the most advanced version available
ANDOVER, Mass., July 29, 2019 /PRNewswire/ -- 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.
The contract comes shortly after the Defense and Budget Committees of the German Federal Parliament approved the upgrade, ensuring Germany remains aligned with five other EU and NATO allies that rely on Patriot for their air and missile defense. All countries – including the U.S. – benefit from being part of the 16 nation consortium through:
Patriot has been successfully used more than 250 times in combat to defend allied forces and civilian populations against hostile aircraft, drones and tactical ballistic missiles.
About Raytheon
Raytheon Company, with 2018 sales of $27 billion and 67,000 employees, is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. With a history of innovation spanning 97 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 16 Patriot Nations are:
Media Contact
Mike Nachshen
+1.520.269.5697
idspr@raytheon.com
SOURCE Raytheon Company
April 22, 2024 | International, Naval
Naval Supply Systems Command is turning its focus to boosting surface ship readiness, after a submarine effort informed by the aviation community's wins.
June 13, 2019 | International, Security, Other Defence
By: Chloe Rogers House lawmakers passed a bill June 10 that would require the establishment of permanent “cyber incident teams” to help protect both federal agencies and the private sector from cyberattacks. The Department of Homeland Security Cyber Incident Response Teams Act would create permanent teams of cybersecurity specialists within DHS that the government and industry could call on to help them recover from network breaches. “When cyberattacks occur, immediate expertise is needed to mitigate damage and ensure organizations are restored,” the bill's primary sponsor Michael McCaul, R-Texas, said. “Cyber incident response teams provide that expertise and function as our cyber first responders.” The teams, which will be housed under the DHS's National Cybersecurity and Communications Integration Center, could also include cybersecurity experts from the private sector as members. McCaul said the bill fosters “collaboration between the public and private sector to ensure that our nation can continue to adapt to the constant changes in the cyber landscape.” Reps. John Katko, R-N.Y.; Jim Langevin, D-R.I.; John Ratcliffe, R-Texas; and Dutch Ruppersberger, D-Md., also sponsored the bill. The House bill was introduced in February as companion legislature to the bipartisan DHS Cyber Hunt and Incident Response Teams Act introduced by Sens. Maggie Hassan, D-N.H., and Rob Portman, R-Ohio. The Senate version of the bill was approved by Homeland Security and Governmental Affairs Committee in April. https://www.fifthdomain.com/congress/capitol-hill/2019/06/12/congres
April 21, 2024 | International, Aerospace