RTX's Raytheon awarded $590 million production contract for Next Generation Jammer Mid-Band

System plays critical role delivering revolutionary combat capabilityMCKINNEY, Texas, Dec. 5, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has been awarded a $590 million follow-on production contract from the U.S. Navy for the Next Generation Jammer Mid-Band (NGJ-MB) system.NGJ-MB is a cooperative development and production program with the Royal Australian Air Force (RAAF). The contract includes delivery of shipsets, support equipment, spares and non-recurring engineering support. "NGJ-MB i ...