RTX's Raytheon Receives $736M Contract From US Navy To Produce AIM-9X SIDEWINDER Missiles
Portfolio Pulse from Benzinga Newsdesk
RTX's Raytheon has secured a $736 million contract from the US Navy to produce AIM-9X SIDEWINDER missiles, highlighting the company's strong defense sector presence.

October 10, 2024 | 12:02 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
RTX's Raytheon has been awarded a $736 million contract by the US Navy to produce AIM-9X SIDEWINDER missiles, which is likely to enhance the company's revenue and strengthen its position in the defense sector.
The $736 million contract is a significant addition to RTX's defense portfolio, likely leading to increased revenues and a stronger market position. The contract underscores the company's capabilities in missile production, which is a critical area in defense.
CONFIDENCE 95
IMPORTANCE 85
RELEVANCE 90