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RTX Secures a Contract to Support Standard Missile Program
RTXRaytheon Technologies(RTX) ZACKS·2024-06-07 14:05

Valued at $27 million, the contract is expected to be completed by September 2025. The latest modification enables RTX to exercise options to provide depot as well as intermediate-level repair and maintenance support for Standard Missile ("SM"). Nations are reinforcing their military capabilities to strengthen their defense structure in the growing threat environment. In this context, increased spending has been witnessed on missile capabilities, resulting in a significant order inflow for companies like RT ...