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RTX Unit Raytheon Lands $1.7 Billion Deal to Supply Patriot Systems to Spain
The $1.7 billion contract includes radars and training equipment to enhance Spain's defense amid rising regional conflicts, joining Germany, Netherlands, and Romania in recent Patriot orders.
- Dec. 23, 2025 — Raytheon, an RTX business, was awarded a $1.7 billion foreign military sales contract to deliver four Patriot air and missile defense systems to Spain, marking the country’s largest Patriot order ever.
- With Patriot able to counter a wide spectrum of threats, Spain ordered systems to modernize defenses, said Pete Bata, emphasizing the importance of readiness against evolving threats.
- The deal covers radars, launchers and command-and-control stations, plus training equipment, and Raytheon will partner with Spanish firms like Sener on the GEM-T missile electro-mechanical control system.
- RTX shares rose after the award, reflecting investor response, while the contract reinforces Patriot system as the foundation for 19 countries with approximately 240 Patriot fire units delivered worldwide.
- This award comes as Germany, the Netherlands and Romania also placed Patriot orders this year, with Mordor Intelligence projecting sustained growth for the global market for missiles and missile defense.
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RTX's Raytheon awarded $1.7 billion contract to deliver four Patriot fire units to Spain
/PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, was awarded a $1.7 billion contract to supply Spain with four Patriot® air and missile defense systems....
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Total News Sources27
Leaning Left0Leaning Right4Center8Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
C 67%
R 33%
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