HEADLINE NEWS
Raytheon Forms Team to Develop Advanced Patriot
Raytheon Co. has signed teaming agreements with Martin Marietta and three large West German aerospace firms covering a joint effort to develop and produce an advanced version of the Patriot missile system. The team includes Raytheon’s Missile Systems Div., Martin Marietta’s Electronic and Missiles Group, AEG Telefunken, Messerschmitt-Boelkow-Blohm and Siemens.