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| 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 |
From May 2019 to May 2024
By Doug Cameron
Raytheon Co. has secured a $655 million deal to supply Kuwait with two more Patriot missile-defense systems, the Pentagon said Friday.
Kuwait, Saudi Arabia and the United Arab Emirates already operate the Patriot, and Raytheon was last month awarded a $1.2 billion deal to supply Oman with the system.
The company had hoped to wrap up about $4 billion in missile-defense deals in the region by year end, though finalizing the deals--which take place at a government-to-government level--has taken longer. It still hopes to sell the system to Qatar.
Raytheon leads U.S. prime contractors in expanding foreign business, and international sales rose 3% last year, boosting the proportion of total revenue coming from overseas to 27%.
Write to Doug Cameron at doug.cameron@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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