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Acquisition·Patriot

Raytheon Spends $100M Expanding Patriot System Factory

1 source · first reported 14d ago

Raytheon is investing $100 million to expand its Portsmouth, Rhode Island, facility to accelerate production and testing of the Patriot air defense system.

Why it matters

The investment aims to bolster protection against ballistic missiles, hypersonic weapons, and aerial threats as governments across NATO and beyond enhance their defenses.

AcquisitionDoDNavy
Independent Media 1
Single-source: Independent Media

Development timeline

How this story unfolded across sources, oldest first.