Raytheon hired to expand Saudi air traffic system

Posted In: Manufacturing

By The Associated Press

Tuesday, November 17, 2009

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Defense contractor Raytheon Co. said Tuesday it has been hired to assist the Kingdom of Saudi Arabia in expanding its nationwide air traffic management system.

Terms of the deal -- announced at the Dubai Airshow in the United Arab Emirates -- were not disclosed.

The deal will extend the air traffic control surveillance throughout the Kingdom and enhance flight safety for the rapidly growing domestic airline sector. It will also improve the efficiency of Saudi Arabia's air traffic management system.

Raytheon, which is based in Waltham, Mass., will also create a regional maintenance facility within the Kingdom to support the system.

Its shares rose 3 cents to $49.83 in morning trading.

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