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RTX unit Raytheon lands $1.7 billion deal to supply Patriot systems to Spain

Raytheon Technologies secured a $1.7 billion contract to supply four Patriot air and missile defense systems to Spain. This mobile system, developed by Raytheon, is designed to detect, track, and destroy incoming aircraft and missiles. The deal follows similar orders from Germany, the Netherlands, and Romania, and a separate U.S. sale to sustain Ukraine's Patriot systems.

23 Dec 2025 9:46 pm