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Raytheon signs $3.7B deal to supply Patriot GEM-T interceptors to Ukraine, boosting production in Germany.

Market News
14 Apr 2026
PRNewsWire
View Source
Bullish
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Raytheon has secured a $3.7 billion contract to supply Patriot GEM-T interceptors to Ukraine, with production ramped up at a new facility in Schrobenhausen, Germany. This facility, operated by a joint venture between Raytheon and MBDA Deutschland, aims to ensure a resilient supply chain and replenish Ukraine's defense inventory. The Patriot GEM-T missiles are key to air and missile defense for 19 countries, intercepting various airborne threats including tactical ballistic missiles. Raytheon's investment in expanding production capacity reflects growing global demand and strategic partnerships.

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