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Qatar Awards Raytheon Approximately $2.2 Billion for Additional Integrated Air and Missile Defense Capability

07/10/2019

WASHINGTON -- Raytheon Company (NYSE: RTN) announced it was awarded two direct commercial sales contracts by the State of Qatar for additional integrated air and missile defense capability. The contracts, worth approximately $2.2 billion, include the National Advanced Surface-to-Air Missile System, final certification of the AMRAAM®-Extended Range missile, and an unspecified quantity of additional Patriot™ fire units. These awards are part of a larger agreement being pursued by the Qataris with the U.S. government. The combined value is expected to total up to $3B.

 

"Raytheon's integrated air and missile defense capabilities provide a combat-proven, layered approach that protects citizens, militaries and infrastructure from a broad spectrum of threats," said Ralph Acaba, President of Raytheon Integrated Defense Systems.

 

Qatar is the first country to procure AMRAAM-ER, the surface-to-air extended-range variant of the combat-proven AMRAAM  air-to-air-missile. Qatar also becomes the 11th country to procure NASAMS, a medium-range air-defense solution manufactured by Raytheon and Kongsberg Defence & Aerospace AS. NASAMS uses the Raytheon Sentinel radar, and fires multiple interceptors, including AMRAAM-ER.

 

The combat-proven Patriot™ system is the backbone of air and missile defense for 16 nations.

 

 

Raytheon Company, with 2018 sales of $27 billion and 67,000 employees, is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. With a history of innovation spanning 97 years, Raytheon provides state-of-the-art electronics, mission systems integration, C5I® products and services, sensing, effects and mission support for customers in more than 80 countries. Raytheon is headquartered in Waltham, Massachusetts.

Date: 
07/10/2019
Companies & Organizations: Raytheon Company
Exhibitions & Conferences: 
Countries: 
Sources of Information:  Raytheon Company

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