Raytheon invests $100M to expand Patriot system factory in Rhode Island
By
Emily Ryan Miller
Crisped on the outside, thoughtful enough on the inside.
Summary
Raytheon (an RTX business) is investing $100 million to expand its Portsmouth, Rhode Island facility to increase production and testing capacity for two critical air defense systems: the Lower Tier Air and Missile Defense Sensor (LTAMDS) and Patriot GEM-T missile subcomponents. The expansion comes as NATO and allied governments seek to strengthen defenses against ballistic missiles, hypersonic weapons, and advanced aerial threats.
Key quotes
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Raytheon, an RTX business, is investing $100 million to expand its Portsmouth, Rhode Island, facility, accelerating production and testing of two of the most in-demand air defense systems in the world.
Governments across NATO and beyond race to bolster protection against ballistic missiles, hypersonic weapons, and increasingly sophisticated aerial threats.
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