Raytheon to deliver 224 advanced version missiles to UAE

ABU DHABI, Feb 23, 2009 -- Mikolashek, president of Raytheon Middle East & North Africa said, “The UAE is buying 224 advanced version missiles from Raytheon for its F-16 Block 60 fighter aircraft”. The UAE and the US government have executed a letter of offer and acceptance for the purchase of Raytheon's AIM-120 C-7 missiles, equipping the UAE with the most advanced version of the Advanced Medium-Range Air-to-Air missile (AMRAAM). "The value of the deal is sizeable and deliveries will start mid to late 2011," he said. "The Middle East market, including the Gulf, remains very viable and credible. There is confidence in their ability to drive on their acquisition schemes," he added. Earlier this month Raytheon announced a $246 million contract for the UAE to provide spare parts for the new Patriot systems that Raytheon is building. Raytheon is also developing a laser-guided rocket program for the UAE. "Security needs are still important to them as much as the global downturn," said John Ward, a vice-president at Lockheed Martin. In last year the UAE became Lockheed's first Middle Eastern customer and the fourth international customer for the PAC-3 Missile after a deal was finalized. Lockheed expects in excess of $1.8 billion in PAC-3 Missile-related business over the life of the initial UAE program, Ward added.