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.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。