Additional missiles to replenish German
inventory
ANDOVER,
Mass., Aug. 6, 2024 /PRNewswire/ -- Raytheon, an
RTX (NYSE: RTX) business, was awarded a $478
million contract from the NATO Support and Procurement
Agency (NSPA) to supply additional GEM-T missiles to Germany. This contract supports the
replenishment of Patriot missiles donated by Germany to Ukraine. Showing their strong support for
Ukraine, Denmark, the
Netherlands and Norway have
agreed to participate in the financing of this procurement.
"Our customers are already realizing the benefits of bundled,
multi-national procurement of Patriot missiles through NSPA,
including the economies that offer greater affordability and the
pre-negotiated contracting framework that shortens the acquisition
timeline," said Tom Laliberty,
president of Land and Air Defense Systems at Raytheon. "As a
result, not only can we better support the missile inventories for
these European partners, but also strengthen our cooperation, their
interoperability, and their contribution to an essential NATO
mission."
Ms Stacy A. Cummings, NSPA
General Manager, confirmed: "This contract demonstrates once again
that NSPA, as NATO's lead organization for multinational
acquisition, support and sustainment, delivers effective and
cost-efficient multinational solutions to nations, while
reinforcing European industrial capacities. Through close
Euro-Atlantic cooperation between allies and industry, customer
nations have achieved economies of scale, reduced their logistics
footprint, and are obtaining capable solutions and support through
a proven turnkey legal framework."
GEM-T, the Patriot Advanced Capability 2 (PAC-2) missile
interceptor enhanced for defeating tactical ballistic missiles, is
a primary effector for the combat-proven Patriot® air
and missile defense system. Patriot is relied upon by eight
European nations, and Ukraine, for
defense against cruise missiles, ballistic missiles, and enemy
drones and aircraft. The system is the foundation of air defense
for 19 countries, and it continues to demonstrate its effectiveness
against the most advanced and complex threats.
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, 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.
For questions or to schedule an interview, please contact
corporatepr@rtx.com
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SOURCE RTX