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Raytheon Wins $202 Million Foreign Sales Contract For Patriot Engineering Services

Friday, February 3rd, 2017

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The U.S. Army awarded Raytheon [RTN] a $202 million firm-fixed-price, level-of-effort foreign military sales (FMS) contract for engineering services for the Patriot weapon systems program, the Defense Department said Feb. 1.The FMS includes Patriot work for Germany, Israel, Japan, the Republic of Korea (South Korea), Saudi Arabia, Kuwait, the Netherlands, Qatar, Spain, and Taiwan.Bids were originally solicited via the internet with only Raytheon’s received. Work will be performed in multiple locations with an estimated completion date of Jan. 31, 2018.The…

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