Romania has signed a memorandum of understanding (MoU) with US-based defence contractor Raytheon for maintenance of Patriot missile defence systems, the country’s economy ministry said Wednesday.
According to the MoU signed by Romanian aircraft construction and repair company Aerostar on behalf of the economy ministry, 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, Reuters reports.
"The MOU 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 ministry said.
In July, the US State Department cleared the sale of seven Patriot air defence systems to Romania for an estimated $3.9 billion (3.42 billion euro).
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system comprising newly acquired F-16 fighter jets as Romania is bringing its forces up to NATO standards and retiring outdated communist-era MiGs, the report says.
A NATO member since 2004 and European Union member since 2007, Romania has committed to boost its defense spending to two percent of gross domestic product this year.
Patriot is a long-range, all-altitude, all-weather air defence system to counter tactical ballistic missiles, cruise missiles and advanced aircraft.
US State Department has cleared $3.9 billion worth sale of seven Patriot missile defence systems for Romania
Lockheed Martin has won a more than $39-million contract to provide seven foreign governments with Patriot missile defense system enhanced launcher electronics, engineering support and maintenance. The Defense Department explained that the contract is for the Patriot Advanced Capability-3 [PAC-3] Missile Support for recapitalization of the enhanced launcher electronic system, field missile activities and unscheduled maintenance, the company announced Monday
NATO member Romania has expressed its interest in the US Patriot surface-to-air missile (SAM) system to modernize its military, benefiting from a gradual increase in annual spending. European Union countrys defense budget was 1
The government of Romania signed an agreement to purchase Raytheon's combat proven Patriot from the U.S
The Romania government will most likely sign a contract to purchase US-built Patriot missile defense systems on December 1, according to country's Defense Minister Mihai Fifor. The acquisition, worth up to 3
The US State Department has approved $10.5 billion sale of Integrated Air and Missile Defense (IAMD) Battle Command System (IBCS)-enabled Patriot Configuration-3+ with Modernized Sensors and Components to Poland
Romania will likely award a contract worth EUR 234 million to Germany's Rheinmetall for producing 8×8 armored vehicle 'Agilis' at Moreni, in Southern Romania. Thorsten Kutz, board member of the joint venture between the Romanian state and the German company, told in an interview with
Sweden announced on Tuesday that it has chosen the Patriot missile defence system manufactured by US defence contractor Raytheon, over Franco-Italian rival Eurosam's SAMP/T missile system, in an estimated one billion-euro deal. The choice is in line with a 2015 strategy to avoid "the degradation" of regional security, and boost the country's armed forces operational capacity after years of austerity, the Swedish defence ministry said in a statement
Raytheon has won a $2.87 hybrid (cost, fixed-price-award-fee, time-and-materials, cost-plus-fixed-fee and firm-fixed-fee) contract for performance-based services supporting the Army, combatant commanders, and other Department of Defense customers
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