Raytheon awarded contract to keep Patriot capabilities ahead of evolving threats: Raytheon has received a $115.9 million contract to provide engineering services for the Patriot Air and Missile Defense System. Through this contract, Raytheon will continue to deliver ongoing capability enhancements in support of the U.S. Army and Foreign Military Sales customers as they rely on their Patriot systems to stay ahead of evolving threats. The contract was awarded in Raytheon's first quarter of 2013.
Under the contract, issued by the U.S. Army Aviation and Missile Command, Redstone Arsenal, Ala., Raytheon will provide systems analysis, software development, testing and logistics support, and other country-specific system requirements.