ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

RTN Raytheon Co

116.96
0.00 (0.00%)
30 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Raytheon Co NYSE:RTN NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 116.96 0 01:00:00

Poland to Buy Raytheon's Patriot Missile Defense System

06/09/2016 4:45pm

Dow Jones News


Raytheon (NYSE:RTN)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Raytheon Charts.

By Martin M. Sobczyk

 

Poland's defense minister said he signed an agreement on Tuesday to buy eight Patriot missile defense systems from Raytheon Co. (RTN), after several months spent reviewing a decision made tentatively by the previous government in Warsaw.

Antoni Macierewicz said on Tuesday the first two batteries are expected in Poland by the end of 2019, to become part of a missile defense system Poland plans to build.

Mr. Macierewicz said negotiations with Raytheon were ongoing, which is why he said he wouldn't disclose the exact value of the deal. Poland-based companies will get delivery contracts under the agreement with Raytheon, he said.

Poland shares a land border with the heavily militarized Kaliningrad region of Russia and has grown increasingly nervous about its security position since Russia seized Crimea and supported separatist forces in eastern Ukraine.

Russia has reacted with irritation to the buildup of Polish and U.S. military infrastructure in Central Europe. It has repeatedly threatened to target its warheads on Poland and has rehearsed attacks on the country.

Poland has for years sought forward deployment of troops and hardware by North Atlantic Treaty Organization member states. At NATO's summit in July, the allies agreed the U.S. would send about 1,000 troops to Poland while other allies would send similar forces to the Baltic countries to deter any Russian attack.

 

Write to Martin M. Sobczyk at martin.sobczyk@wsj.com

 

(END) Dow Jones Newswires

September 06, 2016 11:30 ET (15:30 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.

1 Year Raytheon Chart

1 Year Raytheon Chart

1 Month Raytheon Chart

1 Month Raytheon Chart

Your Recent History

Delayed Upgrade Clock