Farnborough 2012: Raytheon IDS sees opportunity as missile threat evolves
Raytheon Integrated Defense Systems (IDS) is betting on the persistent missile threat to help it secure continued business despite a global downturn in defence budgets.
Speaking before the opening of the Farnborough International Airshow, Tom Kennedy, president of IDS, said he believed there would continue to be a significant upside in integrated air and missile defence systems (IAMDS) because of the threat.
'One thing you are seeing in the Middle East and Asia is the need to provide at least the perception of security,' he stated.
Perhaps the company's best known product in this area is the Patriot missile defence
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