RTX's Raytheon Unit Secures a Contract to Aid RAM GMLS Program

Key Takeaways RTX's Raytheon unit won a $74M contract to supply spares for the RAM Mod 5 GMLS program. The RAM GMLS is deployed on over 165 ships across 11 countries and new U.S. Navy classes. Rising global defense demand strengthens RTX's missile portfolio, including the RAM GMLS system. RTX Corporation’s ((RTX) unit, Raytheon, recently secured a $74 million modification contract to provide spares to support the Rolling Airframe Missile (“RAM”) Mod 5 Guided Missile Launching System (GMLS). The award has ...