# IDE signs $38.1M contract with Raytheon for Patriot systems

IDE (INTRACOM Defense Electronics) signed a new contract with Raytheon worth USD 38.1 million for the manufacturing of PATRIOT air defense systems. The contract is scheduled to be completed by July 2020.

- Type: Contract
- Announced: 2018-09-03
- Where: Greece
- Value: $38.1M
- Status: announced
- Products: PATRIOT air defense system components
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [INTRACOM Defense Electronics](https://endata.com/companies/34082.md)
- [Raytheon](https://endata.com/companies/19863.md) (customer)

## Sources

- [intracomdefense.com](https://www.intracomdefense.com/ide-signs-new-contract-for-patriot-systems/), 2018-09-03: "IDE signed a new contract with Raytheon. The current agreement is worth USD 38.1 million and is scheduled to be completed by July 2020."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.