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RTX Secures a $255M Contract to Support Standard Missile Program
RTXRaytheon Technologies(RTX) ZACKS·2024-10-07 16:06

RTX Corp. (RTX) recently secured a modification contract involving its Standard Missile. The award has been provided by the Naval Sea Systems Command, Washington, D.C. Details of the Deal Valued at $254.5 million, the contract is expected to be completed by September 2029. Per the terms of the deal, RTX will provide depot, intermediate level repair and maintenance for Standard Missile. It will also procure provisioned items and ordered spares, and test equipment for the Standard Missile. A major portion of ...