tiprankstipranks
Trending News
More News >

RTX awarded $1.1B U.S. Navy contract modification

Raytheon is awarded a $1,100,806,209 modification to a previously awarded fixed-price incentive contract. This modification exercises options for the production and delivery of AIM-9X production Lot 25 requirements as follows: 1,756 AIM-9X-4 Block II All Up Round Tactical Missiles (492 for the Navy, 456 for the Air Force, and 808 for Foreign Military Sales customers); 242 AIM-9X-5 Block II+ All Up Round Tactical Missiles for FMS customers; 187 Captive Air Training Missiles (CATM)-9X-4 (40 for the Navy, 62 for the Air Force, and 85 for FMS customers); 13 Special Air Training Missiles (NATM) (five for the Air Force and eight for FMS customers); six Data Air Test Missiles for FMS customers; 30 Multi-Purpose Training Missile for FMS customers, among others.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue