AIR DEFENSE SYSTEMS MARKET ANALYSIS
Global Air Defense Systems Market: Key Developments
In February 2020, Raytheon Company announced the completion of its first RADAR Antenna array for the U.S. Army’s missile defense radar. This RADAR will be replacing Patriot Air and Missile Defense System sensors. This contract is worth US$ 384 million and will be delivering 6 units LTAMDS.
In August 2022, The United States State Department gave its approval for the resupply of Patriot missile interceptors to Saudi Arabia and (THAAD) missile interceptors to the United Arab Emirates.
In April 2022, For the US and its allies, Lockheed Martin has a deal for US$ 4.7 billion to provide radar and THAAD air defense systems, giving them a vital capability to counter short- and medium-range ballistic missiles.
In March 2022, Defense agreements between Saudi Arabia and Lockheed Martin involved the production of launchers and other components for -missile defense system.
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