May 10, 2010
AMMAN, Jordan, -- Raytheon Company (NYSE: RTN) has created a private limited company in Riyadh, the Kingdom of Saudi Arabia, to pursue training opportunities in the kingdom and the region.
"Establishing Raytheon Technical Services Middle East LLC allows us to better serve customers and to develop deeper relationships necessary to long-term success," said John Harris, Raytheon Technical Services Company LLC president. "We provide the highest-quality technical and professional solutions and are honored to be open for business in Saudi Arabia."
Mark Littel, president of Raytheon Technical Services Middle East LLC, said there is a demand in the Middle East for the creative and tailored training approaches Raytheon provides.
"Raytheon addresses specific needs by working in partnership with customers to develop and deliver the right solutions," Littel said. "Having a permanent presence in one of the largest and fastest-growing economies in the region will help us to be not only responsive but also to be more competitive in the market."
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Corporate restructuring, Raytheon (NYSE:RTN), Saudi Arabia
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