Raytheon teams with Monument Capital Group to provide high-tech security solutions to Saudi Arabia

Applications of these products include high-value asset and critical infrastructure security, protection against terrorism and piracy, explosives detection, and innovative emergency response solutions for natural disaster management. Security solutions are aimed at enhancing border, port, maritime and aviation security.

"Our agreement with MCG will further expand Raytheon's global reach in homeland security, national defense and commercial security markets," said Mike Booen, Raytheon Missile Systems' vice president of Advanced Security and Directed Energy Systems. "The agreement also enables our customers to establish local operations for full services, installation and maintenance of cutting-edge security technology products, ensuring customers receive full and long-term value from their technology purchases."

Raytheon will leverage MCG's prospective strategic partnerships with leading international companies in high-growth security markets to provide indigenous country full-service support and business expertise. Customers will have access to new security technologies that safeguard security in civil, defense and critical infrastructure, and increase emergency and disaster management capabilities.

"For nearly a century, Raytheon has created an international brand known for its leadership in technology and innovation," said Robert Dunn, Monument Capital Group managing director. "We look forward to working with the company to secure new opportunities for its products in the global security market."