Republic of Korea upgrades its Air and Missile Defense

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Raytheon (RTN) Awarded $770M Contract to Upgrade Patriot System in Korea

March 30, 2015 9:47 AM EDT

Cities and key infrastructure in the Republic of Korea will soon be better protected against ballistic missiles, aircraft, and other airborne threats. The Republic of Korea awarded Raytheon Company (NYSE: RTN) a $769.4 million Direct Commercial Sale contract to upgrade an undisclosed quantity of Patriot Air and... More