The Raytheon Company, of Lexington, Mass., has received a letter of intent from Saudi Arabia for supply of Hawk missiles for a total of over $100,000,000, it was learned here. A letter of intent usually precedes a firm order.
Raytheon Co. officials said that included in the order for the missile systems, authorized by the United States Government for export, will be vehicles and other associated equipment, spare components, program management assistance and a maintenance training program. The Hawk missiles will be produced mainly at Andover, Mass. The transaction is in line with a recent British-American consortium arranged to provide Saudi Arabia with the finest air defense system of any Western-supplied Arab state.
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