Raytheon Company (NYSE: RTN) today announced Kurt Amend will serve as Chief Executive of the Raytheon Arabia business unit. In his new role, Amend will drive business strategy and execution of defense-related projects and technology development in the Kingdom of Saudi Arabia.
Amend brings nearly three decades of senior-level, U.S. government and aerospace & defense industry experience to Raytheon Arabia, most recently serving as president of Raytheon International, Inc., Riyadh, Kingdom of Saudi Arabia.
"With his broad business experience and deep relationships in Saudi Arabia, Kurt is uniquely positioned to lead Raytheon Arabia and the next chapter in Raytheon's strong 50-year partnership with the Kingdom," said Thomas A. Kennedy, Raytheon Chairman and CEO. "He will drive our efforts in support of the Kingdom's economic diversification and building a sustainable future, which will positively impact Saudi and U.S. economies, including job creation."
Additionally, Raytheon has named Faisal al Bakr, director, Raytheon International, Inc. as an officer of Raytheon Arabia. Other officer appointments will be announced at a later date.
Source: Raytheon Corporation (NYSE: RTN)
Date: Jul 30, 2017