US defence firm Raytheon has signed a $655m contract with Kuwait to bolster its Patriot Air and Missile Defence System.
The company confirmed the order on Wednesday, saying the new-production fire units were in addition to the Patriot fire units Kuwait currently owned to counter current and evolving threats.
Awarded by the US Army Aviation and Missile Command, Redstone Arsenal, as a Foreign Military Sale agreement, Raytheon said the contract included new Patriot fire units with increased computing power and radar processing efficiency, improved man-machine interface and reduced life-cycle costs.
“We continue to see an increased interest in and demand for the advanced Patriot as the system is called to duty in hot spots around the world,” said Ralph Acaba, vice-president of Integrated Air and Missile Defense at Raytheon’s Integrated Defense Systems business.
“Kuwait is part of Patriot’s current family of 12 nations that have already selected Patriot as the cornerstone of their air and missile defense strategy.”
He added: “Their decision to further strengthen their defences with technologically advanced new production fire units reaffirms our strong partnership and their trust in Patriot to protect Kuwait’s people and critical infrastructure.”
Work under the contract will be performed at Raytheon’s Integrated Air Defence Centre in Andover, Massachusetts, and supported by a global team of Patriot system suppliers.
Raytheon Company recorded $24bn in sales in 2013.For all the latest business news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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