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-0.000661577608142471 -0.000356234096692077 0.000559796437659103 0.000152671755725197 0.00106870229007638 -0.00279898218829508 -0.000203562340966881 0.00132315521628509
Stock impact report

Sweden opts for Patriot missile system amid growing Russia tensions [Reuters]

RAYTHEON CO (RTN) 
Last raytheon co earnings: 1/30 06:55 am Check Earnings Report
US:NYSE Investor Relations: investor.raytheon.com
Company Research Source: Reuters
Sweden opts for Patriot missile system amid growing Russia tensions | Reuters Reuters Staff 2 Min Read STOCKHOLM (Reuters) - Sweden will buy the Patriot air defense missile system from U.S. arms manufacturer Raytheon Co, the government said on Thursday, as it looks to boost its defenses amid growing tensions with Russia. Sweden’s Defence Materiel Administration (FMV), which handles military logistics, began negotiations over Patriot in November last year aiming to replace the current air defense system which cannot shoot down ballistic missiles. Negotiations were concluded in April and the government was expected to go ahead with the purchase. “The government has decided to authorize the FMV ... to sign a contract with the United States to buy the American air defense system Patriot,” the Defence Ministry said in a statement. The deal will include four firing systems and two types of missiles as well as other equipment and training, the government said, with delivery completed before Show less Read more
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