China underbids Raytheon proposal for Turkey’s new missile defense system


From Hurriyet Daily News:  The race for Turkey’s missile tender, worth $4 billion, is warming up, with China bidding below $3 billion and thus forcing the U.S. to decrease its offer in order to stay in the competition, anonymous sources have claimed.

Despite representatives of Raytheon declining to comment on the tender process, according to the sources the U.S. firm has been working hard to rehabilitate its offer for the Patriot system. . . .

For the estimated $4 billion contract, the pan-European company Eurosam, maker of the Surface-to-Air Missile Platform/Terrain Aster 30 system, is competing with a Raytheon-Lockheed partnership marketing Patriots; Russia’s Rosoboronexport, marketing the S-300 system; and China Precision Machinery Export-Import Corp., offering its HQ-9.

However, the tender was delayed due to China’s move to haul prices down to almost half the original.  (photo: Australia Air Power)

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