The U.S. Department of Defense has awarded a $946 million contract to arms company Raytheon Technologies (RTX) to supply Romania with additional Patriot air defense systems, The Defense Post reported Friday. The contract is set to expire on December 31, 2029. The military website notes that the deal will mark the third delivery of Patriot systems to Romania by the U.S., following previous purchases in 2017 and 2020. The new contract awarded by the Pentagon to Raytheon Technologies, one of the world’s largest arms companies, will cover firing units, which include advanced radars, control stations and interceptor missiles. In a statement sent to The Defense Post, RTX Vice President for Global Patriot Pete Bata emphasized that the new contract will allow the NATO country to better protect its citizens and critical infrastructure amid escalating threats in the region. He described Romania’s continued investment in the Patriot as a “testament to the nation’s dedication to ensuring collective security, deterrence, and stability across Europe.” “[RTX] is committed to providing Romania with advanced integrated air and missile defense capabilities,” he added. RTX said it will collaborate with local defense companies to ensure a seamless supply chain for the Romanian Patriots. Raytheon also said it will work with local arms companies to ensure an adequate supply chain for Patriot systems destined for Romania. “Patriot is the basis of air defense for 19 countries, and the system continues to demonstrate its effectiveness against advanced air threats and massive complex attacks,” Raytheon Technologies said. The announcement regarding the award of the contract was published on the website of the Department of Defense in Washington, which notes that the deadline for its completion is December 31, 2029. (Photo:https://www.rtx.com/raytheon/what-we-do/integrated-air-and-missile-defense/global-patriot-solutions)
NN, the leader of the life insurance and private pensions market in Romania, received the Top Employer 2025 certification for the seventh consecutive year. NN ranks second among top employers in Romania, up from fourth place last year as a result of its solid people-centric HR strategy, and NN Group ranks seventh in Europe based […]
Calvin Klein Inc. today announces its return to the official NYFW calendar to present Veronica Leoni’s debut Calvin Klein Collection for Fall/Winter 2025. It will be an intimate showing of both women’s and men’s looks and will take place at 12:00 PM on February 7, 2025. “Calvin Klein is thrilled to return to the global stage […]
Ten non-governmental organizations in Romania have issued a joint letter criticizing the executive for the emergency ordinance adopted on Thursday, January 16, which provides sanctions, including a turnover tax, for social media giants that fail to obey rules regarding electoral ads. Another government measure under fire from the opposition limits voting in the diaspora according […]
Dacia, part of the French Renault group, will launch several electric models to compete with Chinese brands for the affordable EV car market in Europe. The first electric model will be the next Sandero, which will appear sometime at the end of 2027, the brand's director, Denis Le Vot, said on Thursday, according to Reuters. […]
Happy 2025, dear Insiders, may it be a good year! And let it start with classics, some universal, some underground. Italian director Federico Fellini is one of the biggest names in the history of the medium. To say he was very influential is an understatement. He has his own adjective (Fellini-esque) while scenes from his […]
Romanian national airline Tarom announced the establishment of a new company, Tarom Tehnic, dedicated to providing maintenance and repair services for civilian aircraft, specializing in Boeing, Airbus, and ATR models. The new company is expected to generate revenues of up to EUR 10 million in its first year of operation, according to estimates from the […]
