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MASSACHUSETTS (BNS): Taiwan awarded 1.1 billion dollars military contract to Raytheon for the production of the Patriot Air and Missile Defense System.
According to a news release by Raytheon, the contract also includes an initial ground-system hardware contract valued at $965.6 million and a $134 million contract for spares. "Raytheon has provided advanced technology, innovation and support in Taiwan for more than 40 years, and we are honored to continue that partnership today and in the future," said Daniel L. Smith, president of Raytheon Integrated Defense Systems (IDS), as per the release. The production will take place at the Raytheon IDS Integrated Air Defense Center in Massachusetts, Texas and Alabama. Raytheon is the prime contractor for both domestic and international Patriot Air and Missile Defense Systems and system integrator for Patriot Advanced Capability-3 missiles. Total Comments :
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