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Raytheon approved for $10.5B Patriot missile sale to Poland

Published 11/17/2017, 04:34 PM
© Reuters.  Raytheon approved for $10.5B Patriot missile sale to Poland
RTN
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  • The U.S. State Department has approved a possible $10.5B sale of Raytheon’s (NYSE:RTN) Patriot missile defense system to Poland.
  • The proposed sale includes 208 Patriot Advanced Capabilty-3 missile segment enhancement missiles, 16 M903 launching stations, four AN/MPQ-65 radars, four control stations, spares, software and associated equipment.
  • The contract still requires approval from the U.S. Congress, since it involves a purchase of advanced military technology for which special permission must be obtained.


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