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Nov 20, 2013

Raytheon in final talks on Qatar Patriot deal

Raytheon hopes to finalize the sale of its Patriot air and missile defense system to Qatar,and wrap up the sale of additional Patriot fire units to Kuwait before the end of the year.
The Qatar deal involves 11 fire units.
The Patriot system is already used by 12 countries - United States, Netherlands, Germany, Japan, Israel, Saudi Arabia, Kuwait, Taiwan, Greece, Spain, South Korea and UAE.
The company is was also working to finalize a significant sale of its medium-range National Advanced Surface to Air Missile System to Oman in the near future.
Saudi Arabia and UAE are possible additional buyers of the system as a replacement for the older Hawk system they used now.
reuters

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