UPDATE: This story was updated to clarify that contract negotiations are between the U.S. government and Raytheon as the sale is through Foreign Military Sales process.
WASHINGTON — Moving forward rapidly, Bahrain has signed a letter of offer and acceptance with the U.S. government to buy the Patriot air-and-missile defense system, triggering contract negotiations for the Foreign Military Sale between the U.S. and Patriot-maker Raytheon, according to a company statement.
Bahrain is the newest and seventeenth customer of Patriot worldwide to include the United States.
The kingdom is not disclosing the quantity of systems and missiles that might be on order, but the State Department cleared the possible foreign military sale of Patriot in May for an estimated worth of $2.5 billion. READ MORE...
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