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Business/Financial

Raytheon and Jenoptik Partner For Global Patriot Power Generators

Friday, April 24th, 2015

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Raytheon and Jenoptik Partner For Global Patriot Power Generators

Raytheon's Patriot air and missile defense system. (Photo: Raytheon)

Raytheon [RTN] and Germany's Lechmotoren, a company of the Jenoptik Group, are partnering to produce advanced power generators for the Patriot air and missile defense system, Raytheon said on Friday.The contract between the companies directs Jenoptil to build power plants, power generators, test equipment, and spares for an unnamed global partner of the Patriot system. The companies are also discussing opportunities to provide power generation equipment for two more Patriot partner nations, one from NATO, Raytheon said."Raytheon looks forward to…

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