Kurt Amend named Chief Executive of Raytheon Arabia
Leadership to focus on development and implementation of new strategic partnership with Saudi Arabia military industries
RIYADH, Kingdom of Saudi Arabia, July 30, 2017 /PRNewswire/ -- Raytheon Company (NYSE: RTN) today announced Kurt Amend will serve as Chief Executive of the Raytheon Arabia business unit. In his new role, Amend will drive business strategy and execution of defense-related projects and technology development in the Kingdom of Saudi Arabia.
Amend brings nearly three decades of senior-level, U.S. government and aerospace & defense industry experience to Raytheon Arabia, most recently serving as president of Raytheon International, Inc., Riyadh, Kingdom of Saudi Arabia.
"With his broad business experience and deep relationships in Saudi Arabia, Kurt is uniquely positioned to lead Raytheon Arabia and the next chapter in Raytheon's strong 50-year partnership with the Kingdom," said Thomas A. Kennedy, Raytheon Chairman and CEO. "He will drive our efforts in support of the Kingdom's economic diversification and building a sustainable future, which will positively impact Saudi and U.S. economies, including job creation."
Additionally, Raytheon has named Faisal al Bakr, director, Raytheon International, Inc. as an officer of Raytheon Arabia. Other officer appointments will be announced at a later date.
Raytheon Arabia Board
Amend will also sit on Raytheon Arabia Board of Directors alongside fellow Raytheon executives including:
- John Harris, chief executive officer, Raytheon International, Inc.
- Wes Kremer, president, Raytheon Integrated Defense Systems
- Dave Wajsgras, president, Raytheon Intelligence, Information and Services
- Kimberly Ernzen, vice president, Land Warfare Systems, Raytheon Missiles Systems
- Tom Laliberty, vice president, Integrated Air and Missile Defense, Raytheon Integrated Defense Systems.
- Stephen Murphy, vice president, Contracts, Raytheon Integrated Defense Systems
Raytheon Arabia will be based in Riyadh and will focus on creating indigenous defense, aerospace and cybersecurity capabilities in Kingdom. The company is expected to include in-country program management, supply and sourcing capabilities, improved customer access and centralized accountability.
Raytheon Company, with 2016 sales of $24 billion and 63,000 employees, is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. With a history of innovation spanning 95 years, Raytheon provides state-of-the-art electronics, mission systems integration, C5I™ products and services, sensing, effects, and mission support for customers in more than 80 countries. Raytheon is headquartered in Waltham, Massachusetts. Follow us on Twitter.
SOURCE Raytheon Company