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Pentagon awards Raytheon $5 billion contract for Coyote missile system
Reuters· 2025-09-29 21:44
Core Points - The Pentagon has awarded a contract worth $5.04 billion to Raytheon for the Coyote missile system [1] Company Summary - Raytheon has secured a significant contract from the U.S. Army, indicating strong demand for its missile systems [1] Industry Summary - The defense industry continues to see substantial government investment, reflecting ongoing military modernization efforts [1]