U.S. Air Force, RTX Complete First Flight Test Of AIM-120C-8
Portfolio Pulse from Happy Mohamed
The U.S. Air Force and Raytheon, an RTX business, have successfully completed the first flight test of the AIM-120C-8, the latest international variant of AMRAAM developed under the Form, Fit, Function (F3R) refresh. The missile met all primary objectives for the flight test. The U.S. Air Force recently awarded Raytheon a $1.15 billion AMRAAM contract to produce AIM-120D-3 and C-8 missiles for 19 countries.
September 01, 2023 | 1:02 pm
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Raytheon, an RTX business, has successfully completed a key flight test for the AIM-120C-8 missile and secured a $1.15 billion contract from the U.S. Air Force for missile production. This could potentially boost RTX's revenues and strengthen its position in the defense sector.
The successful flight test of the AIM-120C-8 missile demonstrates Raytheon's technical capabilities and strengthens its reputation in the defense sector. The $1.15 billion contract from the U.S. Air Force for missile production is a significant revenue opportunity for RTX and could positively impact its stock price in the short term.
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