Australia selects Raytheon for $1.5 billion ground-based air defense system

The Crusader Journal

A sign marks the Raytheon offices in Woburn A sign marks the Raytheon offices in Woburn, Massachusetts, U.S. January 25, 2017. REUTERS/Brian Snyder – RTSXCIB

SYDNEY (Reuters) – The Australian government on Monday selected U.S.-based defense contractor Raytheon Co as the sole bidder for a ground-based air defense system contract worth up to A$2 billion ($1.50 billion).

The surface-to-air missile system will replace the country’s 30-year-old short-range capability, which is due to be retired by early next decade, Defence Minister Marise Payne said in a statement.

“A modern and integrated ground-based air defense system is needed to protect our deployed forces from increasingly sophisticated air threats, both globally and within our region,” Payne said.

Australia, a staunch U.S. ally, last year committed to increase defense spending by nearly A$30 billion over the next 10 years at a time when China’s economic and military power is growing throughout the Asia-Pacific region.

Australia has been streamlining its military tendering process…

View original post 94 more words

Advertisements

Author: Lisa the Infidel

I am an #Infidel - born and bred North Carolina.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s