NSPA awards RTX's Raytheon a $478 million Patriot GEM-T missile contract
Raytheon, an RTX business, has secured a $478 million contract from the NATO Support and Procurement Agency (NSPA) to provide additional GEM-T missiles to Germany. This contract aims to replenish Patriot missiles that Germany donated to Ukraine. Denmark, the Netherlands, and Norway have agreed to contribute to the financing of this procurement, demonstrating strong support for Ukraine.
The contract highlights the benefits of bundled, multi-national procurement of Patriot missiles through NSPA, including greater affordability and shorter acquisition timelines. The GEM-T, an enhanced Patriot Advanced Capability 2 (PAC-2) missile interceptor, is designed to defeat tactical ballistic missiles and is a primary component of the combat-proven Patriot air and missile defense system.
Raytheon, un'azienda di RTX, ha ottenuto un contratto di 478 milioni di dollari dall'Agenzia NATO per il Supporto e gli Appalti (NSPA) per fornire ulteriori missili GEM-T alla Germania. Questo contratto mira a rifornire i missili Patriot che la Germania ha donato all'Ucraina. Danimarca, Paesi Bassi e Norvegia hanno concordato di contribuire al finanziamento di questo acquisto, dimostrando un forte sostegno per l'Ucraina.
Il contratto sottolinea i vantaggi dell'acquisto raggruppato e multinazionale dei missili Patriot attraverso la NSPA, tra cui maggiore convenienza e tempi di acquisizione più brevi. Il GEM-T, un intercepore di missili Patriot Advanced Capability 2 (PAC-2) avanzato, è progettato per sconfiggere missili balistici tattici ed è un componente principale del sistema di difesa aerea e missilistica Patriot, comprovato in combattimento.
Raytheon, un negocio de RTX, ha asegurado un contrato de 478 millones de dólares de la Agencia de Apoyo y Adquisiciones de la OTAN (NSPA) para proporcionar más misiles GEM-T a Alemania. Este contrato tiene como objetivo reponer los misiles Patriot que Alemania donó a Ucrania. Dinamarca, los Países Bajos y Noruega han acordado contribuir a la financiación de esta adquisición, demostrando un sólido apoyo a Ucrania.
El contrato destaca los beneficios de la compra agrupada y multinacional de misiles Patriot a través de la NSPA, incluyendo mayor asequibilidad y plazos de adquisición más cortos. El GEM-T, un intercepador de misiles de la capacidad avanzada Patriot 2 (PAC-2), está diseñado para derrotar misiles balísticos tácticos y es un componente principal del sistema de defensa aérea y de misiles Patriot, comprobado en combate.
RTX의 사업부인 레이시온은 NATO 지원 및 조달 기관(NSPA)으로부터 4억 7천 8백만 달러 계약을 체결하고 독일에 추가 GEM-T 미사일을 제공하게 되었습니다. 이 계약은 독일이 우크라이나에 기부한 패트리엇 미사일을 보충하는 것을 목표로 하고 있습니다. 덴마크, 네덜란드 및 노르웨이는 이 조달 자금 지원에 동의하여 우크라이나에 대한 강력한 지원을 보여주고 있습니다.
이 계약은 NSPA를 통해 패트리엇 미사일의 통합 다국적 조달의 이점을 강조하고 있으며, 더 큰 가격 효율성과 더 짧은 조달 기간을 포함합니다. GEM-T는 향상된 패트리엇 고급 능력 2(PAC-2) 미사일 요격기로, 전술 탄도 미사일을 무력화하도록 설계되었으며, 전투에서 입증된 패트리엇 공중 및 미사일 방어 시스템의 주요 구성 요소입니다.
Raytheon, une entreprise de RTX, a obtenu un contrat de 478 millions de dollars de l'Agence de Soutien et d'Approvisionnement de l'OTAN (NSPA) pour fournir des missiles GEM-T supplémentaires à l'Allemagne. Ce contrat vise à reconstituer les missiles Patriot donnés par l'Allemagne à l'Ukraine. Le Danemark, les Pays-Bas et la Norvège ont accepté de contribuer au financement de cet achat, montrant ainsi un soutien fort à l'Ukraine.
Le contrat souligne les avantages de l'achat groupé et multinational de missiles Patriot par le biais de la NSPA, y compris une plus grande acessibilité économique et des délais d'acquisition plus courts. Le GEM-T, un intercepteur de missiles Patriot Advanced Capability 2 (PAC-2) amélioré, est conçu pour détruire les missiles balistiques tactiques et constitue un élément principal du système de défense aérienne et antimissile Patriot, avéré en combat.
Raytheon, ein Unternehmen von RTX, hat einen Vertrag über 478 Millionen Dollar von der NATO Unterstützungs- und Beschaffungsagentur (NSPA) gesichert, um Deutschland zusätzliche GEM-T-Raketen bereitzustellen. Dieser Vertrag zielt darauf ab, die Patriot-Raketen, die Deutschland der Ukraine gespendet hat, aufzufüllen. Dänemark, die Niederlande und Norwegen haben sich bereit erklärt, zur Finanzierung dieser Beschaffung beizutragen, was eine starke Unterstützung für die Ukraine zeigt.
Der Vertrag hebt die Vorteile des gebündelten, multinationalen Erwerbs von Patriot-Raketen über die NSPA hervor, einschließlich höherer Kosteneffizienz und kürzerer Beschaffungszeiten. Die GEM-T, ein verbesserter Patriot Advanced Capability 2 (PAC-2) Raketenabwehrrakete, ist darauf ausgelegt, taktische ballistische Raketen zu bekämpfen und ist ein Hauptbestandteil des im Kampf bewährten Patriot-Luft- und Raketenabwehrsystems.
- Secured a $478 million contract for GEM-T missiles
- Multi-national procurement approach offers greater affordability
- Pre-negotiated contracting framework shortens acquisition timeline
- Strengthens cooperation and interoperability among European partners
- Demonstrates continued demand for Patriot missile defense systems
- None.
Insights
This
- Strong international demand for Patriot systems, particularly in Europe
- Increased defense spending among NATO allies
- Efficient multinational procurement through NSPA
The contract's size and multinational backing (Denmark, Netherlands, Norway) suggest a positive outlook for RTX's missile defense business. The replenishment of donated missiles indicates ongoing support for Ukraine, likely sustaining demand. The emphasis on economies of scale and shortened acquisition timelines could lead to improved profit margins and more streamlined future contracts for RTX.
This contract reflects a significant shift in European defense posture. The collaborative funding by multiple NATO members for Germany's missile replenishment signals:
- Increased cohesion within NATO
- A long-term commitment to supporting Ukraine
- Growing concerns about potential threats in the region
The emphasis on interoperability and contribution to NATO's mission suggests a strategic realignment of European defense capabilities. This trend could lead to sustained higher defense budgets across Europe, benefiting companies like RTX. However, investors should monitor potential geopolitical tensions that might arise from this increased military capability in the region.
The
- Boosts RTX's order backlog, enhancing revenue visibility
- Demonstrates strong demand for high-margin missile systems
- Potential for follow-on orders and support contracts
The multinational procurement approach could lead to improved operational efficiencies and potentially higher margins. Investors should watch for similar contracts in the future, as they could indicate a trend of increased defense spending in Europe. This could provide a steady revenue stream for RTX, potentially offsetting cyclicality in its commercial aerospace segment.
Additional missiles to replenish German inventory
"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
About Raytheon
Raytheon, an RTX business, is a leading provider of defense solutions to help the
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
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SOURCE RTX
FAQ
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