RTX's Raytheon Awarded $6.3 Billion Multi-Year Contract for SM-3 IB Interceptors
Deals·2 articles across 2 outlets·◆ Primary source
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RTX's Raytheon has been awarded a multi-year contract worth $6.3 billion for SM-3 IB interceptors. The contract is part of the Pentagon's ongoing efforts to enhance missile defense capabilities.
Following the announcement, RTX stock rose about 1% on Friday, reflecting positive investor sentiment regarding the contract's implications for future revenue.
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SourceReports the news
“RTX's Raytheon awarded $6.3 billion multi-year contract for SM-3 IB interceptors”
SEC Filing — RTX's Raytheon awarded $6.3 billion multi-year contract for SM-3 IB interceptors“RTX stock rose about 1% on Friday.”
IBD — RTX Wins $6 Billion Pentagon Contract For Interceptor Missiles