RTX's Raytheon and Ursa Major conduct successful flight test

Core Insights - Raytheon and Ursa Major have successfully completed a missile flight test for the U.S. Army using an advanced long-range solid rocket motor, marking a significant milestone in the development of affordable precision munitions [1][2] - The new long-range solid rocket motors are designed to enhance the U.S. Army's capabilities, allowing for faster and farther strikes compared to adversaries, while also being more affordable than existing systems [2][3] - Ursa Major has utilized innovative manufacturing techniques, including additive manufacturing, to achieve rapid development and testing timelines, with nearly 300 static test fires conducted in the current year [3][4] Company Overview - Raytheon, part of RTX, has over 100 years of experience in defense solutions, focusing on integrated air and missile defense, smart weapons, and advanced sensors [5] - RTX, with 2023 sales of $69 billion, employs over 185,000 people globally and is involved in various sectors including aviation and integrated defense systems [6] - Ursa Major specializes in rocket propulsion and has developed high-performance engines for space and defense applications, employing novel manufacturing processes to enhance production efficiency [7]