Raytheon Awarded $35 Million Stinger Contract for Republic of Korea Delivery

Stinger (Source: Raytheon)

Raytheon Company signed a $35 million contract to deliver Stinger missiles and air-to-air launchers to the Republic of Korea Army in support of their recent procurement of AH-64 Apache helicopters.

Under the previously announced foreign military sale, Raytheon will begin deliveries of the Stinger weapon systems in 2017. 

Republic of Korea upgrades its Air and Missile Defense

Patriot Missile Defense System Solution

The Republic of Korea awarded Raytheon Company a $769.4 million Direct Commercial Sale contract to upgrade an undisclosed quantity of Patriot Air and Missile Defense System batteries to the latest Patriot Missile Defense System Solution configuration currently fielded.