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Stock impact report

RTX's Raytheon awarded $168 million contract for Romanian Patriot air defense equipment

Raytheon Technologies Corporation (RTX) 
Company Research Source: PR Newswire
Second Patriot order for Romania within one yearANDOVER, Mass., Dec. 19, 2025 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, was awarded a $168 million contract to supply Romania with equipment related to the Patriot® air and missile defense system.The foreign military sales contract includes a radar, command and control system, launchers, and miscellaneous support and test equipment."Patriot remains the air and missile defense system of choice worldwide," said Pete Bata, senior vice president of Global Patriot at Raytheon. "Our focus is on delivering proven, combat-tested capabilities to support readiness and enhance collective security across Europe."Patriot is the only combat-proven ground-based air and missile defense capability in the world able to defend against long-range cruise missiles, tactical ballistic missiles, and the full spectrum of air-breathing threats.Backed by a world-class command-and-control system, Patriot has intercepted hundreds of advanced aerial thre Show less Read more
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