Raytheon gets OK for $10.5 billion Patriot sale to Poland: Pentagon
The U.S. State Department has approved a possible $10.5 billion sale of Raytheon Co‘s Patriot missile defense system to Poland, the Pentagon confirmed.
Polish Defence Minister Antoni Macierewicz has said that the final agreement on the purchase of Patriot missile defence systems by Poland could be signed by the end of this year.
The proposed sale includes four radar sets, four control stations, 16 launching stations, and 208 Patriot Advanced Capability-3 (PAC-3) missiles, the US Defense Security Cooperation Agency said. The systems are made by Raytheon, the US defence group.
Patriot missile defense interceptors are designed to detect, track and engage unmanned aerial vehicles (UAVs), cruise missiles and short-range or tactical ballistic missiles.
In addition, Poland is authorized to buy U.S. government and contractor technical, engineering and logistics support services as well as range and test programs for a total estimated potential program cost of up to $10.5 billion.
A Raytheon representative said “it is Raytheon’s experience that the estimated cost notified could be larger than the final negotiated contract amount,” signaling that the final price could be lower as negotiations on a final amount proceed.
Raytheon added that it “will work closely with the U.S. and Polish governments to ensure Poland is able to procure Patriot at a mutually agreeable price.”