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RTX Wins Contract to Support Rolling Airframe Missile Program
RTXRaytheon Technologies(RTX) ZACKS·2024-06-13 13:02

In the past year, RTX's shares have rallied 13.2% against the industry's 9.8% decline. Image Source: Zacks Investment Research RTX Corp. (RTX) recently clinched a modification contract involving the supply of spare parts for its Rolling Airframe Missile (RAM). The award has been provided by the Naval Sea Systems Command, Washington, D.C. Valued at $33.8 million, the contract is expected to be completed by February 2027. Per the terms of the deal, RTX is going to provide Mod 5 Guided Missile Launching System ...