New Cooperation IDE and RAYTHEON for PATRIOT Systems

April 22, 2019: IDE (INTRACOM Defense Electronics) extends its cooperation with US based Raytheon company in the manufacturing of subsystems for the PATRIOT air defense system with the signature of new contracts.

The new work allocated to IDE is worth USD 61,5 million and is scheduled to be completed by June 2021. A significant part of the project will be allocated by IDE to other Greek companies, thus positively contributing in the local industrial production and the financial strengthening of the country.