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Raytheon, an RTX business wins $529 million Dutch Patriot Contract

Jan 17, 2025•over 1 year ago

Contract Type

contract

East HartfordManufacturingAerospaceNational Security

Description

Raytheon, an RTX business, has been awarded a $529 million contract to supply the Netherlands with a Patriot air and missile defense system fire unit and related equipment. The agreement aims to replenish a Patriot system previously donated by the Netherlands to Ukraine. This delivery will bolster the Netherlands’ air defense capabilities and maintain operational readiness as part of its contribution to collective security in Europe. The contract work will primarily be conducted in Andover, Massachusetts, and Huntsville, Alabama.

Company Information

Company

RTX

Location

East Hartford, Connecticut, United States

About

RTX is the world's largest aerospace and defense company. With more than 180,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. Through industry-leading businesses – Collins Aerospace, Pratt & Whitney, and Raytheon – we are advancing aviation, engineering integrated defense systems for operational success, and developing next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2022 sales of $67 billion, is headquartered in Arlington, Virginia. Contact:Pratt & Whitney+1 (860) 565-9600media@prattwhitney.com SOURCE RTX

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.