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Raytheon Gets $100M in Saudi Contracts | ASHARQ AL-AWSAT English Archive 2005 -2017
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TEWKSBURY, Mass. (AP) — Military contractor Raytheon Co. said Wednesday it received two contracts from Saudi Arabia worth more than $100 million in total.

One of the contracts covers technical, training and logistics support through 2009 on the country’s Patriot and Hawk air defense systems. The other extends an existing contract to provide local support services in 2007.

Raytheon shares fell 35 cents to $63.66 in early trading.