Raytheon Wins 769.4 Million Patriot Air-Defense System Batteries Upgrade Contract

Raytheon announced Monday that it has won a $769.4 million contract to upgrade Patriot Air and Missile Defense System batteries to the latest configuration currently fielded.

"The upgrade enhances the Republic of Korea's defenses and underscores the value of the 13-nation strong Patriot partnership which funded development of the modernization," Dan Crowley, President of Raytheon Integrated Defense Systems said.

"The Republic of Korea's procurement is also an economic growth engine which will bring good jobs to Korea and preserve jobs in the U.S which would have gone overseas if a foreign system was selected." Crowley added.

The upgrades include open architecture that ensures Patriot can operate on a variety of networks and Modern Man Station which is a new operator interface featuring touch screen technology and color graphical displays.

Besides, the upgradation includes Radar Digital Processor that improves target detection and identification, enhances surveillance, and supports the PAC-3 MSE missile.