RTX Awarded $117.5M By US Army For Advanced Targeting Sensor Systems
Portfolio Pulse from Benzinga Newsdesk
Raytheon Technologies (RTX) has been awarded a $117.5 million contract by the US Army for advanced targeting sensor systems. This could potentially boost the company's revenues and profitability.
July 05, 2023 | 1:22 pm
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Raytheon Technologies has been awarded a $117.5 million contract by the US Army. This could potentially increase the company's revenues and profitability.
The news of a significant contract win is typically positive for a company as it indicates potential future revenues. In this case, the $117.5 million contract from the US Army for Raytheon Technologies is likely to boost its revenues and profitability in the short term.
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