RTX Corp. (RTX) Scales Up Missile Defense Systems Manufacturing in Massachusetts

Group 1 - RTX Corp. is recognized as one of the best defense stocks in Goldman Sachs' portfolio [1] - Raytheon, a business unit of RTX, is expanding its Andover, Massachusetts facility with a $53 million investment to enhance the production of Lower Tier Air and Missile Defense Sensor (LTAMDS) [1][2] - The LTAMDS radar system is designed to counter advanced threats, including hypersonic weapons, and the expansion aims to accelerate delivery to both U.S. and international customers [1][2] Group 2 - Tom Laliberty, president of Land and Air Defense Systems at Raytheon, emphasized that the investment is crucial for meeting the increasing global demand for LTAMDS [2] - RTX Corp. is one of the largest aerospace and defense companies globally, with three main business units: Raytheon, Collins Aerospace, and Pratt & Whitney [2] - Raytheon specializes in advanced capabilities such as integrated air and missile defense, smart weapons, and hypersonics [2]