Raytheon Expects Three Patriot Missile Deals To Close Soon
NEW YORK — Raytheon Co. anticipates the U.S. authorities to move deals for Patriot projectile systems in Kuwait, South Korea and Taiwan during the first half of the twelvemonth, Chief Executive William Swanson expressed on Tuesday. Raytheon builds the radio detection and ranging system and renders training for the Patriot anti-missile defence system spell the projectiles themselves will likely be renovated units from the U.S. authorities and its European Allies. Last twelvemonth, the U.S. certain a Patriot deal with the United Arab Emirates that should present about USD 4 000 000 000 to Raytheon over the next 10 old age, Swanson told. He worsenned to theorise on the construction of the pending deals, supplying that such inside information are typically hammered out by the authorities involved.