RTX JV secures $1.25 billion Iron Dome missile deal with Israel

Core Points - Defense contractor RTX's joint venture Raytheon-Rafael Protection Systems has secured a contract worth $1.25 billion to supply surface-to-air missiles to Israel [1] Company Summary - RTX is involved in defense contracting and has established a joint venture with Rafael to enhance its capabilities in missile systems [1] - The $1.25 billion contract signifies a substantial business opportunity for RTX and its joint venture, indicating strong demand for defense systems in the region [1] Industry Summary - The defense industry continues to see significant contracts, particularly in the area of missile defense systems, reflecting ongoing geopolitical tensions and military needs [1] - The contract with Israel highlights the importance of international defense partnerships and the role of advanced technology in modern warfare [1]