RTX's Business Unit Secures $400M Contract for StormBreaker
General Dynamics(GD) Zacks Investment Research·2024-01-04 13:17
RTX Corporation’s (RTX) business unit, Raytheon, recently announced that it has secured a $400 million contract from the U.S. Airforce to produce and deliver more than 1,500 StormBreaker smart weapons.About StormBreakerRTX’s StormBreaker is a precision-guided winged munition. It is a smart weapon that can autonomously detect and classify moving targets in poor visibility situations caused by darkness, bad weather, smoke, or dust kicked up by helicopters. The small size enables the use of fewer aircraft to t ...