Raytheon CEO: MEADS Won't Crimp Patriot Missile Sales

/ November 2, 2010 at 9:21 PM
Raytheon's Patriot missile business would likely not be hurt anytime soon by the next-generation Medium Extended Air Defense System, regardless of what decision is made on the latter program, according to company CEO William Swanson. Patriot has 12 customers around the world, compared to three for MEADS, he said last week, adding: "We expect Patriot to be around for a long time." MEADS is seen as an eventual replacement for Patriot. Funding for the MEADS trinational missile-defense program is divided...

Not a subscriber? Sign up for 30 days free access to exclusive, behind-the-scenes reporting on defense policy and procurement.

Log in to access this content.