February 25, 2020-
Raytheon Company [NYSE: RTN] is enhancing the combat-proven Patriot™ Air and Missile Defense System under a $314 million task order for engineering services from the U.S. Army, awarded on January 30. The task order is funded by the 17 nations that rely on Patriot for integrated air and missile defense. This is the third of five annual, indefinite delivery/indefinite quantity task order awards with a total contract ceiling of more than $2.3 billion.
"These modernization efforts ensure Patriot continues to outpace the advancing and proliferating threat, and will be ready when needed," said Tom Laliberty, vice president of Integrated Air and Missile Defense at Raytheon's Integrated Defense Systems business. "The 17-nation Patriot partnership shares the cost and reaps the benefit of continued investment in the system."
Under the task order, Raytheon is providing comprehensive engineering services including systems, software and hardware development, integration and test services, configuration management and logistics support. Additionally, many of the project results will be incorporated into Patriot Post Deployment Build 8.1, a series of software and hardware capabilities, including:
As part of the contract, Raytheon is also:
Raytheon's Global Patriot Solutions 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.
Source : Raytheon Corporation (NYSE: RTN)