Raytheon, Monument Capital Team to Offer Saudi Clients Security Messaging Systems; Mike Booen Comments

Raytheon and Washington-based private equity firm Monument Capital Group are partnering to offer mass notification and non-lethal systems to customers based in Saudi Arabia.

The companies said they are focusing their offerings on border, port, maritime and aviation security.

Goals of the partnership include helping clients establish local operations for services as well as installing and maintaining new technology products, said Mike Booen, vice president of advanced security and directed energy systems within Raytheon’s missile systems segment.

MCG will help Raytheon pursue new business in the global security market, MCG Managing Director Robert Dunn said.

Potential applications of these products include infrastructure security, defending against terrorism and piracy, explosives detection and emergency response for
natural disaster management.

Through MCG’s partnerships with international companies, Raytheon will provide customers in-country service, support and expertise.

Raytheon recently formed a partnership with a Saudi Arabia-based subsidiary of Atheeb Trading Co. Ltd as part of its goal to grow business in the Asia-Pacific and Middle East regions.

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