The Grecce-based company Intracom Defense (IDE) announces the contract award by Raytheon, which amounts to USD 18.2 million, for the manufacturing of key components for the Patriot air defence system.
“This new success is coming as a testament to the long lasting relationship between Raytheon and IDE in the production and support of international Patriot programs, strengthening IDE’s position as a key supplier in Raytheon’s global supply chain,” the Intracom Defense said in a press release.
As Defence Industry Europe reported, in May, Israel Aerospace Industries (IAI) signed an agreement to acquire Intracom Defense.
Intracom Defense is a highly acclaimed defence systems company in Greece with an outstanding record of participation in domestic programs and exports to quality-driven international customers. The company utilizes high-end technologies in the design and development of advanced products in the areas of Missile Electronics, Tactical IP Communications, C4I Systems, Surveillance, Hybrid Electric Power Systems, and Unmanned Systems.