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|Raytheon Awarded $156 Million to Upgrade Kuwait's Patriot Air and Missile Defense Capabilities|
TEWKSBURY, Mass., July 15, 2008 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has received a $156 million Foreign Military Sales award from the U.S. Army to provide the State of Kuwait with Patriot Configuration-3 radar upgrade kits and related engineering and technical services.
"There continues to be a growing demand, both domestically and internationally, for Raytheon's combat-proven Patriot system," said Sanjay Kapoor, vice president, Patriot Programs for Raytheon Integrated Defense Systems. "This award for the State of Kuwait is an additional indication of the continued expansion of Patriot as the cornerstone of the U.S. and the international partners' integrated air and missile defense systems."
The award for Kuwait Patriot upgrade kits follows recent company announcements of contracts totaling $269 million to provide South Korea command and control, communications, and maintenance support and training equipment for its Patriot air and missile defense system. The Kuwait Patriot Upgrade award includes upgrades and support consistent with the U.S. Army's "Pure Fleet" initiative.
"Working with the U.S. Army, we will provide the State of Kuwait with this increased capability," Kapoor added. "The upgrade demonstrates the operational flexibility of Patriot as the premier air and missile defense system."
Raytheon Integrated Defense Systems (IDS) is the prime contractor for the Patriot system and the integration of all variants of the system. The capability delivered will provide improved air and missile defense for Kuwait.
Work will be performed at Raytheon's Integrated Air Defense Center, Andover, Mass.; the Warfighter Protection Center, Huntsville, Ala.; and the Mission Capability and Verification Center, White Sands, N.M.
Integrated Defense Systems is Raytheon's leader in Joint Battlespace Integration providing affordable, integrated solutions to a broad international and domestic customer base, including the U.S. Missile Defense Agency, the U.S. Armed Forces and the Department of Homeland Security.
Raytheon Company, with 2007 sales of $21.3 billion, is a technology leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 86 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 72,000 people worldwide.