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Ukraine war – NATO provides a new bonanza for Raytheon and MBDA Germany weapons companies

NATO to buy 1,000 Patriot missiles to enhance Allies’ air defences

NATO 3 Jan 24

NATO’s Support and Procurement Agency will support a coalition of Allies, including Germany, the Netherlands, Romania and Spain to procure up to 1,000 Patriot missiles to strengthen their air defences amid Russia’s war against Ukraine. The contract will expand the European production of the missiles, enhancing supply and ensuring the replenishment of Allied stockpiles….

The $5.5 billion contract has been awarded to COMLOG, a joint venture between the US company Raytheon and German company MBDA, located in Schrobenhausen, Germany. The large volume of the order will support the set up of a production facility for Patriot missiles in Germany. ……….. https://www.nato.int/cps/en/natohq/news_221626.htm

January 4, 2024 - Posted by | EUROPE, weapons and war

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