NSPA awards COMLOG a contract for Patriot missiles

LUXEMBOURG, Jan. 3, 2024 /PRNewswire/ -- The NATO Support and Procurement Agency (NSPA) has awarded COMLOG, a joint venture between Raytheon, an RTX business (NYSE: RTX), and MBDA, their first contract under the European Sky Shield Initiative, or ESSI. With a total value of up to $5.6 billion, the NSPA contract supports a coalition of nations, including Germany, the Netherlands, Romania and Spain, with a combined quantity of up to 1,000 Patriot® GEM-T missiles, if all options are exercised. The contract inc ...