Brief: Romania signs memorandum with Raytheon on Patriot missiles

Aerostar SA

18/10/2017 14:33

Oct 18 (Reuters) - Romania's Prime Minister Mihai Tudose 
    * Said in a statement he attended signing of memorandum 
between Aerostar SA on behalf of Romania's economy ministry and 
US company Raytheon International Defence System regarding 
cooperation on equipment and components for the multi-level air 
defence integrated system.  
    * Says memorandum stipulates transfer of technology and 
technical assistance necessary for the modernization and 
upgrading of existing equipment, as well as the provision of 
technical support for Patriot missile systems. 
    * Says memorandum "allows effective procedures to be 
launched during this year for the acquisition of the first 
Patriot system endowed by the Romanian Armed Forces, in 
accordance with the Plan of Endowment for 2017-2026 and in the 
context of Romania's commitments as a partner country in NATO's 
Eastern Flank and strategic partner in the relationship with the 
United States." 
    * The Patriot missiles would be part of an integrated air 
defence system comprising newly acquired F-16 fighter jets as 
Romania is bringing its forces up to NATO standards and retiring 
outdated communist-era MiGs.  urn:newsml:reuters.com:*:nL5N1KN56A urn:newsml:reuters.com:*:nW1N1JN03P 
 
 
 (Reporting by Radu Marinas) 
 ((radu.marinas@thomsonreuters.com; +40 21 305 5266; Reuters 
Messaging: radu.marinas.thomsonreuters.com@reuters.net)) 
 
Keywords: ROMANIA RAYTHEON/