RTX's Arm Secures $300M Contract for ESSM Block II Missile Assemblies

Key Takeaways RTX's Raytheon unit secured a $299.7M contract for ESSM Block II missile assemblies and support. The deal includes global work locations and runs through September 2030. ESSM Block II's enhanced features and combat success drive growing international demand for RTX.RTX Corporation’s (RTX) business segment, Raytheon, recently secured a $299.7 million modification contract involving the Evolved Seasparrow Missile (ESSM). Per the terms of the deal, RTX will provide test equipment and spares, as ...