tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

RTX awarded $380.81M Navy contract modification

RTX (RTX) was awarded a $380.81M fixed-price incentive and firm-fixed-price modification to a contract. This modification definitized the contract for a total of $476.52M and adds scope for the Lot Five and Lot Six recertification and modernization of Tomahawk Missiles; depot operations; recertification hardware; and Tomahawk Spares and/or replacement components, including rotable pool assets. Work is expected to be completed in April 2029. This contract was not competed. Naval Air Systems Command is the contracting activity.

Claim 50% Off TipRanks Premium

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

Disclaimer & DisclosureReport an Issue

1