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A U.S soldier inspecys a Patriot missile defence battery during join exercises at the military grouds in Sochaczew, near Warsaw, March 21, 2015. The U.S. Army Europe has deployed a Patriot missile defence battery as part of joint exercises with Poland aimed at reassuring the NATO member in light of the conflict in neighbouring Ukraine. Picture taken March 21, 2015. REUTERS/Franciszek Mazur/Agencja Gazeta THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. IT IS DISTRIBUTED, EXACTLY AS RECEIVED BY REUTERS, AS A SERVICE TO CLIENTS. POLAND OUT. NO COMMERCIAL OR EDITORIAL SALES IN POLAND.
WASHINGTON Oct 22 (Reuters) - Raytheon Co , maker of the Patriot missile system, said it expects to finalize a contract for an early warning radar system with Qatar in 2016, valued at approximately $1 billion.
The deal had been approved by Congress and the U.S. government, but because of a change in the contract, Raytheon will again require congressional approval, Chief Executive Officer Tom Kennedy told analysts after reporting third-quarter earnings.
In 2013 the U.S. government notified Congress that Qatar was interested in purchasing one early warning radar system for $1.1 billion.
(Reporting by Idrees Ali) ((Idrees.Ali@thomsonreuters.com;))
Keywords: US DEFENSE
The deal had been approved by Congress and the U.S. government, but because of a change in the contract, Raytheon will again require congressional approval, Chief Executive Officer Tom Kennedy told analysts after reporting third-quarter earnings.
In 2013 the U.S. government notified Congress that Qatar was interested in purchasing one early warning radar system for $1.1 billion.
(Reporting by Idrees Ali) ((Idrees.Ali@thomsonreuters.com;))
Keywords: US DEFENSE