By Katherine Hamilton
Qatar will pay RTX's subsidiary Raytheon $1 billion to expand the country's counter-drone capabilities.
Qatar is Raytheon's first international customer for its Fixed Site - Low, Slow, Small Unmanned Aerial System Integrated Defeat System, which is designed to counter unmanned aircraft, the White House said Wednesday.
The deal was part of a broader effort by President Trump to increase Qatar's defense spending with the U.S., the White House said. It is part of a broader $1.2 trillion commitment aimed at strengthening trade with Qatar, and involves deals with other companies such as Boeing and GE Aerospace.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
May 14, 2025 12:35 ET (16:35 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。