$209.00—
NYSE
$209.00—
RTX Corp. has been awarded a contract valued at $22.9 billion from the US Navy to accelerate production of Tomahawk cruise missiles. This contract comes amid supply strain on weapon systems stockpiles due to the ongoing war with Iran.
The Pentagon reached an agreement with Boeing and RTX to increase production of components used for advanced interceptor missiles.
RTX Corp. raised its full-year profit and sales forecast as demand for the aerospace and defense manufacturer’s products continues to grow.
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