RTX Receives $677M Navy Contract For N/SPY-6(V) Radars
Portfolio Pulse from Benzinga Newsdesk
RTX has been awarded a $677 million contract by the U.S. Navy to provide N/SPY-6(V) radars. This contract is expected to enhance RTX's revenue and strengthen its position in the defense sector.
June 10, 2024 | 12:12 pm
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RTX has secured a $677 million contract from the U.S. Navy for N/SPY-6(V) radars. This significant contract is likely to boost RTX's revenue and solidify its position in the defense sector.
The $677 million contract from the U.S. Navy is a substantial addition to RTX's revenue stream and reinforces its standing in the defense industry. This positive development is expected to have a favorable impact on RTX's stock price in the short term.
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