The U.S. Department of Defense on March 28 announced that Raytheon Co., Andover, Massachusetts, was awarded a $1,225,368,567 firm-fixed-price contract for Patriot Missile System fire units. Fiscal 2023 Foreign Military Sales (Switzerland) funds in the amount of $1,225,368,567 were obligated at the time of the award. U.S. Army Contracting Command, Redstone Arsenal, Alabama, is the contracting activity.
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Patriot PAC3 air defense system displayed at Abu Dhabi during IDEX/NAVDEX 2023 (Picture source: Army Recognition)