10 December 2013
Astrium and Raytheon Company (NYSE: RTN) said they have signed a teaming agreement that formalizes the companies´ plans to compete for the role as lead system engineers and integrators for the North Atlantic Treaty Organization´s Ballistic Missile Defense Program.
NATO´s BMD Program oversees the development and execution of ballistic missile defense capabilities, which expanded in 2012 to include the defense of European populations and territories.
Raytheon is a technology and innovation leader specializing in defense, security and civil markets throughout the world. With a history of innovation spanning 91 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems; as well as a broad range of mission support services. Raytheon is headquartered in Waltham, Mass. For more about Raytheon, visit at www.raytheon.com and follow on Twitter @Raytheon.