{"id":801666,"date":"2025-01-16T10:07:48","date_gmt":"2025-01-16T15:07:48","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/rtxs-raytheon-awarded-529-million-contract-to-replenish-dutch-patriot-air-defense-system\/"},"modified":"2025-01-16T10:07:48","modified_gmt":"2025-01-16T15:07:48","slug":"rtxs-raytheon-awarded-529-million-contract-to-replenish-dutch-patriot-air-defense-system","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/rtxs-raytheon-awarded-529-million-contract-to-replenish-dutch-patriot-air-defense-system\/","title":{"rendered":"RTX&#8217;s Raytheon awarded $529 million contract to replenish Dutch Patriot air defense system"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p class=\"prntal\">\n        <b><br \/>\n          <i>Replacement equipment will backfill fire unit sent to <span class=\"xn-location\">Ukraine<\/span><\/i><br \/>\n        <\/b>\n      <\/p>\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">ANDOVER, Mass.<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Jan. 16, 2025<\/span><\/span> \/PRNewswire\/ &#8212; Raytheon, an RTX (NYSE: RTX) business, was awarded a <span class=\"xn-money\">$529 million<\/span> contract to supply <span class=\"xn-location\">the Netherlands<\/span> with a Patriot\u00ae air and missile defense system fire unit and related equipment. This contract supports the replenishment of a Patriot fire unit donated to <span class=\"xn-location\">Ukraine<\/span>.<\/p>\n<p>The direct commercial sales contract includes a single fire unit consisting of a radar, launchers, command and control stations, and other support equipment.\u00a0\u00a0<\/p>\n<p>&#8220;Raytheon is committed to partnering with the Dutch as they continue to advance their integrated air and missile defense capabilities,&#8221; said Pete Bata, senior vice president of Global Patriot at Raytheon. &#8220;<span class=\"xn-location\">The Netherlands&#8217;<\/span> investment in Patriot ensures collective security and deterrence across <span class=\"xn-location\">Europe<\/span>.&#8221;<\/p>\n<p>\n        <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4342442-1&amp;h=841748346&amp;u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D4209543-1%26h%3D2994918648%26u%3Dhttps%253A%252F%252Fwww.rtx.com%252Fraytheon%252Fwhat-we-do%252Fintegrated-air-and-missile-defense%252Fglobal-patriot-solutions%26a%3DPatriot&amp;a=Patriot\" target=\"_blank\" rel=\"nofollow\">Patriot<\/a>\u202fis the only combat-proven ground-based air and missile defense capability in the world able to defend against advanced long-range cruise missiles, tactical ballistic missiles, and the full spectrum of air-breathing threats. Patriot is the foundation of air defense for 19 countries, and the system continues to demonstrate its effectiveness against advanced aerial threats and massive complex raid attacks.\u00a0<\/p>\n<p>Work on this contract will primarily be conducted in <span class=\"xn-location\">Andover, Mass.<\/span>, and <span class=\"xn-location\">Huntsville, Ala.<\/span><\/p>\n<p>\n        <b>About Raytheon<\/b><br \/>\n        <br \/>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.\u00a0<\/p>\n<p>\n        <b>About RTX<\/b>\u00a0<br \/>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 \u2013 Collins Aerospace, Pratt &amp; Whitney,\u00a0and Raytheon \u2013 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 <span class=\"xn-money\">$69 billion<\/span>, is headquartered in <span class=\"xn-location\">Arlington<\/span>, Virginia.\u00a0<\/p>\n<p>\n        <b>For questions or to schedule an interview, please contact\u202f<a href=\"mailto:corporatepr@rtx.com\" target=\"_blank\" rel=\"nofollow\">corporatepr@rtx.<\/a><a href=\"mailto:corporatepr@rtx.com\" target=\"_blank\" rel=\"nofollow\">com<\/a><\/b>\u00a0<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NE98224&amp;sd=2025-01-16\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/rtxs-raytheon-awarded-529-million-contract-to-replenish-dutch-patriot-air-defense-system-302353313.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/rtxs-raytheon-awarded-529-million-contract-to-replenish-dutch-patriot-air-defense-system-302353313.html<\/a><\/p>\n<p>SOURCE  RTX<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NE98224&amp;Transmission_Id=202501161000PR_NEWS_USPR_____NE98224&amp;DateId=20250116\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire Replacement equipment will backfill fire unit sent to Ukraine ANDOVER, Mass. , Jan. 16, 2025 \/PRNewswire\/ &#8212; Raytheon, an RTX (NYSE: RTX) business, was awarded a $529 million contract to supply the Netherlands with a Patriot\u00ae air and missile defense system fire unit and related equipment. This contract supports the replenishment of a Patriot fire unit donated to Ukraine. The direct commercial sales contract includes a single fire unit consisting of a radar, launchers, command and control stations, and other support equipment.\u00a0\u00a0 &#8220;Raytheon is committed to partnering with the Dutch as they continue to advance their integrated air and missile defense capabilities,&#8221; said Pete Bata, senior vice president of Global Patriot at Raytheon. &#8220;The Netherlands&#8217; investment in Patriot &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rtxs-raytheon-awarded-529-million-contract-to-replenish-dutch-patriot-air-defense-system\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;RTX&#8217;s Raytheon awarded $529 million contract to replenish Dutch Patriot air defense system&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-801666","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>RTX&#039;s Raytheon awarded $529 million contract to replenish Dutch Patriot air defense system - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rtxs-raytheon-awarded-529-million-contract-to-replenish-dutch-patriot-air-defense-system\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RTX&#039;s Raytheon awarded $529 million contract to replenish Dutch Patriot air defense system - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire Replacement equipment will backfill fire unit sent to Ukraine ANDOVER, Mass. , Jan. 16, 2025 \/PRNewswire\/ &#8212; Raytheon, an RTX (NYSE: RTX) business, was awarded a $529 million contract to supply the Netherlands with a Patriot\u00ae air and missile defense system fire unit and related equipment. This contract supports the replenishment of a Patriot fire unit donated to Ukraine. The direct commercial sales contract includes a single fire unit consisting of a radar, launchers, command and control stations, and other support equipment.\u00a0\u00a0 &#8220;Raytheon is committed to partnering with the Dutch as they continue to advance their integrated air and missile defense capabilities,&#8221; said Pete Bata, senior vice president of Global Patriot at Raytheon. &#8220;The Netherlands&#8217; investment in Patriot &hellip; Continue reading &quot;RTX&#8217;s Raytheon awarded $529 million contract to replenish Dutch Patriot air defense system&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/rtxs-raytheon-awarded-529-million-contract-to-replenish-dutch-patriot-air-defense-system\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-16T15:07:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NE98224&amp;sd=2025-01-16\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rtxs-raytheon-awarded-529-million-contract-to-replenish-dutch-patriot-air-defense-system\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rtxs-raytheon-awarded-529-million-contract-to-replenish-dutch-patriot-air-defense-system\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"RTX&#8217;s Raytheon awarded $529 million contract to replenish Dutch Patriot air defense system\",\"datePublished\":\"2025-01-16T15:07:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rtxs-raytheon-awarded-529-million-contract-to-replenish-dutch-patriot-air-defense-system\\\/\"},\"wordCount\":372,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rtxs-raytheon-awarded-529-million-contract-to-replenish-dutch-patriot-air-defense-system\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=NE98224&amp;sd=2025-01-16\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rtxs-raytheon-awarded-529-million-contract-to-replenish-dutch-patriot-air-defense-system\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rtxs-raytheon-awarded-529-million-contract-to-replenish-dutch-patriot-air-defense-system\\\/\",\"name\":\"RTX's Raytheon awarded $529 million contract to replenish Dutch Patriot air defense system - 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