Monday, June 29, 2009

Raytheon Awarded $36 Million for Kuwait Patriot Test Equipment

Raytheon Awarded $36 Million for Kuwait Patriot Test Equipment
June 29, 2009

TEWKSBURY, Mass., -- Raytheon Company (NYSE: RTN) has received a $36.1 million Foreign Military Sales award from the U.S. Army to provide the State of Kuwait with Patriot Configuration-3 radar upgrade depot test equipment, training and related technical services.

This depot test equipment contract complements a June 2008 $148 million U.S. government order placed with Raytheon to upgrade Kuwait's Patriot system to Configuration-3.

"This depot equipment provides an imperative aspect for the State of Kuwait to maintain continuous Patriot system readiness," said Sanjay Kapoor, vice president for Patriot Programs at Raytheon Integrated Defense Systems (IDS). "These awards for the State of Kuwait are additional indications of the continued expansion of Patriot as the cornerstone of our international partners' integrated air and missile defense systems."

Work under this contract will be done at three Raytheon centers in Massachusetts - Raytheon IDS headquarters in Tewksbury, the Integrated Air Defense Center in Andover, and the Surveillance and Sensors Center in Sudbury - as well as at the Seapower Capability Center, Portsmouth, R.I.

Raytheon IDS is the prime contractor for both domestic and international Patriot Air and Missile Defense Systems and systems integrator for Patriot Advanced Capability-3 missiles.

Integrated Defense Systems is Raytheon's leader in Global Capabilities 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.

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