On June 26, RTX secured a $1.11 billion contract modification for the production and delivery of AIM-9X missiles. On July 2, RTX shares rose 3.4% after its Raytheon business secured a $1.1 billion contract from the U.S. Navy. The contract involves AIM-9X Block II missiles with production capacity increased to 2,500 missiles annually. On July 7, Raytheon is collaborating with Diehl Defence and Dutch suppliers to double global Stinger missile production.
Raytheon UK’s Omnia Training consortium secured a 15-year, £2bn contract to deliver the British Army’s Collective Training System using data-driven environments.
Read the full storyRaytheon partners with German and Dutch suppliers to scale global production and strengthen the transatlantic defense industrial base.
RTX shares climbed after securing a $1.1 billion Navy deal to boost AIM-9X missile production to 2,500 units annually.
RTX received a $1.11 billion contract modification from the U.S. Department of Defense to produce and deliver AIM-9X sidewinder missiles.