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RTX's Raytheon awarded $946 million contract to provide additional Patriot air defense systems to Romania

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RTX's Raytheon has secured a $946 million contract to provide additional Patriot air and missile defense systems to Romania, marking the country's third Patriot order. The contract encompasses fire units including radars, control stations, and missiles.

Raytheon maintains partnerships with Romanian defense companies as part of its Patriot global supply chain network. The Patriot system, currently employed by 19 countries, is the world's only combat-proven ground-based air and missile defense capability that can counter advanced long-range cruise missiles, tactical ballistic missiles, and various air-breathing threats. The system has demonstrated its effectiveness against sophisticated aerial threats and complex raid attacks.

Raytheon di RTX ha ottenuto un contratto di 946 milioni di dollari per fornire ulteriori sistemi di difesa aerea e missilistica Patriot alla Romania, segnando il terzo ordine Patriot del paese. Il contratto comprende unità di fuoco che includono radar, stazioni di controllo e missili.

Raytheon mantiene partnership con aziende di difesa romene come parte della sua rete globale di approvvigionamento Patriot. Il sistema Patriot, attualmente in uso in 19 paesi, è l'unica capacità di difesa aerea e missilistica terrestre comprovata in combattimento al mondo, in grado di contrastare missili da crociera a lungo raggio avanzati, missili balistici tattici e varie minacce aeree. Il sistema ha dimostrato la sua efficacia contro minacce aeree sofisticate e attacchi complessi.

Raytheon de RTX ha asegurado un contrato de 946 millones de dólares para proporcionar sistemas adicionales de defensa aérea y de misiles Patriot a Rumanía, marcando el tercer pedido de Patriot del país. El contrato abarca unidades de fuego que incluyen radares, estaciones de control y misiles.

Raytheon mantiene asociaciones con empresas rumanas de defensa como parte de su red global de suministro del sistema Patriot. El sistema Patriot, actualmente empleado por 19 países, es la única capacidad de defensa aérea y de misiles basada en tierra, probada en combate, que puede contrarrestar misiles de crucero avanzados de largo alcance, misiles balísticos tácticos y diversas amenazas aéreas. El sistema ha demostrado su eficacia contra amenazas aéreas sofisticadas y ataques complejos.

RTX의 레이시온이 루마니아에 9억 4600만 달러 계약을 체결하여 추가적인 패트리엇 공중 및 미사일 방어 시스템을 제공하게 되며, 이는 해당 국가의 세 번째 패트리엇 주문입니다. 이 계약에는 레이더, 관제소 및 미사일을 포함한 발사 유닛이 포함됩니다.

레이시온은 패트리엇 글로벌 공급망의 일환으로 루마니아 방산 기업들과 협력 관계를 유지하고 있습니다. 현재 19개국에서 사용 중인 패트리엇 시스템은 고급 장거리 순항 미사일, 전술 탄도 미사일 및 다양한 공중위협에 대항할 수 있는 세계 유일의 전투 검증된 지상 기반 공중 및 미사일 방어 능력입니다. 이 시스템은 정교한 공중 위협과 복잡한 공격에 대한 효과를 입증했습니다.

Raytheon d'RTX a obtenu un contrat de 946 millions de dollars pour fournir des systèmes de défense aérienne et de missiles Patriot supplémentaires à la Roumanie, marquant la troisième commande Patriot du pays. Le contrat comprend des unités de tir, y compris des radars, des stations de contrôle et des missiles.

Raytheon entretient des partenariats avec des entreprises de défense roumaines dans le cadre de son réseau d'approvisionnement mondial pour le système Patriot. Le système Patriot, actuellement utilisé par 19 pays, est la seule capacité de défense aérienne et de missiles à terre prouvée en combat au monde, capable de contrer des missiles de croisière avancés à longue portée, des missiles balistiques tactiques et diverses menaces aériennes. Le système a démontré son efficacité contre des menaces aériennes sophistiquées et des attaques complexes.

Raytheon von RTX hat einen Vertrag über 946 Millionen Dollar gesichert, um zusätzliche Patriot-Luft- und Raketenabwehrsysteme an Rumänien zu liefern, was die dritte Patriot-Bestellung des Landes markiert. Der Vertrag umfasst Feuerstellungen, einschließlich Radar, Kontrollstationen und Raketen.

Raytheon pflegt Partnerschaften mit rumänischen Verteidigungsunternehmen im Rahmen seines globalen Liefernetzwerks für Patriot-Systeme. Das Patriot-System, das derzeit von 19 Ländern eingesetzt wird, ist die einzige kampferprobte bodengestützte Luft- und Raketenabwehrfähigkeit der Welt, die fortschrittliche Langstrecken-Marschflugkörper, taktische ballistische Raketen und verschiedene luftatmende Bedrohungen abwehren kann. Das System hat seine Wirksamkeit gegen anspruchsvolle Luftbedrohungen und komplexe Angriffe unter Beweis gestellt.

Positive
  • Secured substantial $946 million contract for Patriot systems
  • Third repeat order from Romania demonstrates product reliability and customer satisfaction
  • Expanding presence in European defense market
  • Integration with local Romanian defense companies strengthens supply chain
Negative
  • None.

Insights

The $946 million Patriot contract with Romania represents a major revenue boost for RTX's Raytheon segment. This third order demonstrates Romania's continued trust in the Patriot system and strengthens RTX's position in the European defense market. The timing is particularly strategic given the heightened focus on air defense capabilities in Eastern Europe.

The deal's significance extends beyond the immediate revenue impact. By engaging local Romanian defense companies in the supply chain, RTX is securing long-term positioning in the region while potentially reducing production costs. The contract's structure, including complete fire units with radars and control stations, suggests higher margins compared to missile-only deals.

With Patriot systems now deployed across 19 nations, RTX maintains a dominant market position in ground-based air defense. This installed base creates substantial opportunities for future upgrade contracts and recurring maintenance revenue. The combat-proven status of Patriot systems continues to be a key differentiator in competitive bids.

The Patriot system's technical capabilities against advanced threats, particularly its proven effectiveness against both cruise missiles and tactical ballistic missiles, underscores its strategic value. Romania's continued investment indicates the system's reliability and adaptability to evolving aerial threats.

For investors, the key technical advantage lies in Patriot's comprehensive threat coverage. Unlike competing systems that specialize in specific threat types, Patriot's ability to counter the "full spectrum of air-breathing threats" provides a compelling value proposition. This versatility typically commands premium pricing and helps maintain strong profit margins.

In simple terms: Think of Patriot as a Swiss Army knife for air defense - it can handle multiple types of aerial threats with a single system, making it more cost-effective than purchasing several specialized systems. This versatility is particularly valuable as aerial threats become more diverse and sophisticated.

Contract marks the third Patriot order for Romania

ANDOVER, Mass., Jan. 3, 2025 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, was awarded a $946 million contract to supply Romania with additional Patriot® air and missile defense systems.

The contract includes fire units consisting of radars, control stations and missiles.

"Raytheon is committed to providing Romania with advanced integrated air and missile defense capabilities to protect its citizens and critical infrastructure," said Pete Bata, senior vice president of Global Patriot at Raytheon. "Romania's continued investment in Patriot is a testament to the nation's dedication to ensuring collective security, deterrence, and stability across Europe."

Raytheon continues to partner with local Romanian defense companies as part of its Patriot global supply chain network.

Patriot is 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.

About Raytheon 
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.

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 $69 billion, is headquartered in Arlington, Virginia.

For questions or to schedule an interview, please contact corporatepr@rtx.com

Cision View original content:https://www.prnewswire.com/news-releases/rtxs-raytheon-awarded-946-million-contract-to-provide-additional-patriot-air-defense-systems-to-romania-302341296.html

SOURCE RTX

FAQ

What is the value of RTX's new Patriot contract with Romania?

RTX's Raytheon has been awarded a $946 million contract to supply Romania with additional Patriot air and missile defense systems.

How many countries currently use RTX's Patriot defense system?

The Patriot defense system is currently used by 19 countries as their foundation of air defense.

What components are included in RTX's latest Patriot contract with Romania?

The contract includes fire units consisting of radars, control stations, and missiles.

Is this Romania's first purchase of RTX's Patriot systems?

No, this is Romania's third order of Patriot air and missile defense systems from RTX's Raytheon.

What types of threats can RTX's Patriot system defend against?

The Patriot system can defend against advanced long-range cruise missiles, tactical ballistic missiles, and the full spectrum of air-breathing threats.

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