Raytheon announced Tuesday that it won a direct commercial sales contract worth more than $1.5 billion from an undisclosed member of the 14-nation group that own the combat-proven Patriot Integrated Air and Missile Defense System, for additional capability
South Korea and United Arab Emirates are in discussions to carry out a test of Korean-built missile interception system at a site in the Middle Eastern country, to bolster a military cooperation project between the countries. The Seoul newspaper
Lockheed Martin was awarded a $945 million modification contract for the initial Fiscal 2018 PATRIOT Advanced Capability-3 (PAC-3) production option exercise, including 54 US Missile Segment Enhancement (MSE) missiles, 24 Qatar MSE missiles, 130 Kingdom of Saudi Arabia Cost Reduction Initiative (CRI) missiles and associated ground support equipment. Work is expected to be completed by Jan
The Japanese government has approved to deploy two land-based Aegis Ashore missile defense system at a cabinet meeting held on Tuesday. The government plans to deploy two Aegis Ashore systems to cover Japan's entire territory, possibly to become operable by fiscal 2023
Japans Ministry of Defense has disclosed that the cost for two batteries of the Aegis Ashore missile interception system it intends to procure from the United States is over 200 billion yen (US$ 1.7 Billion) which will be added to the national budget from fiscal 2019 onwards
South Korea will increase its military budget next year to 43.2 trillion won ($39
Raytheon has won a $150 million contract for technical expertise and assistance in the training for Qatar Patriot Air Defense systems. The contract includes planning, fielding, deployment, operation, maintenance management, configuration management, logistics support, installation and sustainment of the Qatar Patriot Air Defense Systems and associated equipment, the US department of defense said in a statement Friday
Poland, Germany and Sweden have shown interest in Patriot Advanced Capability-3 (PAC-3) Missile Segment Enhancement (MSE) missiles, Lockheed Martin has said. The PAC-3 MSE missile continues to receive strong interest from Poland, Germany and Sweden
The government of Romania signed an agreement to purchase Raytheon's combat proven Patriot from the U.S
The Romania government will most likely sign a contract to purchase US-built Patriot missile defense systems on December 1, according to country's Defense Minister Mihai Fifor. The acquisition, worth up to 3