RTX's Raytheon awarded $1.2 billion contract to provide Patriot air and missile defense systems to Germany

TUCSON, Ariz. , March 21, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, was awarded a $1.2 billion contract to supply Germany with Patriot^® air and missile defense systems. These systems will augment Germany's existing air defense infrastructure with additional Patriot equipment.

The scope of the contract includes the most current Patriot Configuration 3+ radars, launchers, command and control stations, associated spares, and support.

Patriot is the backbone of air defense for 19 countries, including Germany, the U.S. and Ukraine. The formidable, combat-proven performance of Patriot continues to demonstrate its effectiveness against the most advanced and complex threats.

"This contract reflects the global emphasis on advanced air and missile defense capabilities and the steadfast confidence in Patriot," said Tom Laliberty, president of Land and Air Defense Systems at Raytheon. "With this expansion, Germany will not only modernize its own significant air defense but enhance its interoperability with allies and further strengthen a core NATO mission."

Patriot is the only combat-proven ground-based air and missile defense capability available in the world to defeat advanced long-range cruise missiles, tactical ballistic missiles, and the full spectrum of air-breathing threats. Through investments by all Patriot partner nations, the technology is continuously refreshed, tested and upgraded.

About Raytheon
Raytheon, an RTX business, is a leading provider of defense solutions to help the U.S. government, our allies and partners defend their national sovereignty and ensure their security. For more than 100 years, Raytheon has developed new technologies and enhanced existing capabilities in integrated air and missile defense, smart weapons, missiles, advanced sensors and radars, offensive and defensive cybersecurity tools, interceptors, space-based systems, hypersonics and missile defense across land, air, sea and space.

About RTX
With more than 185,000 global employees, RTX pushes the limits of technology and science to redefine how we connect and protect our world. Through industry-leading businesses – Collins Aerospace, Pratt & Whitney, and Raytheon – we are advancing aviation, engineering integrated defense systems, and developing next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2023 sales of $69 billion, is headquartered in Arlington, Virginia.

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SOURCE RTX