RTX (RTX) was awarded a $646.52M fixed-price incentive modification to a previously awarded contract to exercise options for hardware production of the AN/SPY-6 family of radars. Work is expected to be completed by September 2028. Naval Sea Systems Command is the contracting activity.
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:
- Sector Spotlight: Boeing enters non-prosecution agreement with DOJ
- Defense tech startup Anduril raises $2.5B in new funding round, TechCrunch says
- RTX and Northrop Grumman conduct rocket motor tests for U.S. Army
- Morning News Wrap-Up: Wednesday’s Biggest Stock Market Stories
- Raytheon Stock (RTX) Pounds Higher on $1.1B U.S. Navy Missiles Deal
