Key Takeaways Raytheon secured an $18.3M contract for full-rate SM-6 Tactical All-Up Round production. The SM-6 defends against diverse threats and supports 60 naval ships, with 500 units delivered. Work under the contract will occur in Tucson and East Camden, with completion set for May 2029.RTX Corporation’s (RTX) unit, Raytheon, recently secured a $18.3 million modification contract for exercising an option for the manufacturing, assembly, testing and delivery of Standard Missile-6 (SM-6) Tactical All- ...

Group 1 - The U.S. House of Representatives passed the One, Big, Beautiful Bill Act, which includes significant changes advocated by President Trump, creating potential investment opportunities, particularly for Lockheed Martin [1][3] - The bill aims to make individual tax cuts permanent and includes controversial Medicaid changes, but the most relevant aspect for Lockheed Martin is the funding for the Golden Dome missile defense system [3][4] - The Golden Dome is designed to be a missile defense system similar to Israel's Iron Dome, with President Trump stating it could be completed within three years and capable of intercepting missiles globally [4][5] Group 2 - Lockheed Martin is positioning itself as a key contractor for the Golden Dome project, highlighting its expertise in missile defense systems, particularly through its work on the Command Control Battle Management Communications (C2BMC) [5][6] - The company emphasizes the need for proven technology and capabilities in missile defense, stating that it is prepared to collaborate with other industry leaders to ensure the project's success [6] - While Lockheed Martin presents a strong case for involvement, the passage of the bill in the Senate remains uncertain, and even if passed, there is no guarantee of a federal contract for the Golden Dome system [7][8] Group 3 - The initial funding allocated for the Golden Dome system is $25 billion, with the total estimated cost projected to be around $175 billion, although some experts suggest it could be higher [8][9] - If Lockheed Martin secures a major contract for the Golden Dome, it could serve as a significant catalyst for the company's stock performance [9]

L3Harris has at least two different ways to profit from Golden Dome.Defense stock L3Harris Technologies  (LHX 1.21%) is getting some positive attention on Wall Street today, after President Trump announced plans yesterday to spend $175 billion to build a Golden Dome missile shield over the United States. Shares of the defense contractor surged nearly 5% at the open, and remain up 1.3% as of 10:15 a.m. ET. What is the Golden Dome?"Once fully constructed, the Golden Dome will be capable of intercepting missil ...

RTX Corporation’s (RTX) unit, Raytheon, recently secured a $2.13 billion modification contract involving the Standard Missile-3 (SM-3) Block missile. The majority of the work related to this contract will be performed in Tucson, AZ, and Huntsville, AL.Details of RTX’s DealPer the terms of this deal, RTX will offer management, materials and services associated with the sustaining engineering and product support services of the SM-3 missile variants for the U.S. and Foreign Military Sales partners. This contr ...