WARSAW (Reuters) – Poland signed the largest arms procurement deal in its history on Wednesday, agreeing with the United States to buy Raytheon Co’s (RTN.N) Patriot missile defense system for $4.75 billion in a major step to modernize its forces against a bolder Russia.
“It is an extraordinary, historic moment; it is Poland’s introduction into a whole new world of state-of-the-art technology, modern weaponry, and defensive means,” President Andrzej Duda said during the signing ceremony. Continue reading “Poland signs $4.75 billion deal for U.S. Patriot missile system facing Russia”