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.
