Raytheon wins contract to modernize missile defense in Kuwait

Top Priority Sector: military_force_protectionANDOVER, MA June 23, 2016 The State of Kuwait will soon be able to better protect its cities and key infrastructure against ballistic missiles, aircraft and other airborne threats.The U.S. Army awarded Raytheon Company (NYSE: RTN) a $523 million undefinitized contract action to upgrade the State of Kuwait's Patriot Air and Missile Defense Systems to the most modern configuration currently fielded.The contract was announced by the Department of D