RTX (RTX) is awarded a not-to-exceed $230,559,766 fixed-price-incentive (firm target), cost-plus-incentive-fee, advanced acquisition, undefinitized contract for the procurement of long lead time materials, parts, components, and efforts necessary to protect the F135 Lot 20 propulsion system delivery schedule in support of the production of 138 propulsion systems for the Air Force, Marine Corps, Navy, non-U.S. Department of Defense partners, and Foreign Military Sales customers.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RTX:
- Jefferies aerospace/defense analyst holds an analyst/industry conference call
- 3M names Neil Mitchill to board of directors
- RTX price target raised to $238 from $227 at Citi
- RTX enters five framework agreements with DoW to increase munitions capacity
- ‘Historically High Production Rate’: RTX Snaps Deal to Accelerate U.S. Missile Production