RTX's Raytheon Awarded $192M U.S. Navy Contract For Next Generation Jammer Mid-Band Expansion
Portfolio Pulse from Benzinga Newsdesk
RTX's Raytheon has been awarded a $192 million contract by the U.S. Navy to upgrade the Next Generation Jammer Mid-Band, enhancing its capability to counter new adversary threats.
October 01, 2024 | 1:31 pm
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RTX's Raytheon has secured a $192 million contract from the U.S. Navy to enhance the Next Generation Jammer Mid-Band, which will improve its ability to counter new threats.
The $192 million contract is a significant addition to RTX's defense portfolio, likely boosting its revenues and enhancing its reputation in defense technology. The contract's focus on countering new threats aligns with current defense priorities, potentially leading to further opportunities.
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