Raytheon receives contract for C4I system for Kingdom of Saudi Arabia
- Contract valued in excess of $600 million
Raytheon Company (NYSE: RTN) has received a contract to deliver a Command, Control, Communications, Computers and Intelligence (C4I) system to the Kingdom of Saudi Arabia.
The contract, received by Raytheon's Network Centric Systems business and valued in excess of $600 million, was awarded as a direct commercial sale by the Saudi Ministry of Defense (MOD) and will provide a national, strategic C4I system, providing capabilities for joint service coordination.
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Extending over four decades of cooperation, Raytheon values its continuing partnership with the Kingdom and is proud to have been selected to implement this essential system.
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Source : Raytheon Corporation (NYSE: RTN)