RTX's Arm Secures a Contract to Aid Standard Missile-2 and 6 Programs

RTX Corporation’s (RTX) unit, Raytheon, recently secured a $75.1 million modification contract to provide engineering and technical support for Standard Missile-2 (SM-2) and Standard Missile-6 (SM-6) programs. The award has been provided by the Naval Sea Systems Command, Washington, D.C.The work related to this contract will be performed in Tucson, AZ. This contract, which includes Foreign Military Sales to Spain, Netherlands and Germany, is projected to be completed by March 2028.What’s Favoring RTX Stock? ...