RTX Corp To Begin International Deployment Of Ground-based Low Earth Orbit Observation System
Portfolio Pulse from Benzinga Newsdesk
Raytheon's UK-based space domain awareness specialist, NORSS, announced the international deployment of its Low Earth Orbit Optical Camera Installation (LOCI). The system was built and developed in the United Kingdom. Raytheon is a business of RTX Corp (NYSE:RTX).
September 12, 2023 | 8:06 am
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POSITIVE IMPACT
RTX Corp's business, Raytheon, is deploying its LOCI system internationally. This could potentially increase RTX's global market presence and revenues.
The international deployment of Raytheon's LOCI system could potentially increase RTX Corp's global market presence and revenues. This is because the deployment of the system could lead to new contracts and customers for RTX Corp, thereby increasing its revenues. However, the exact impact will depend on the success of the deployment and the market response.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100