RTX Secures $591M Contract to Build Next Generation Jammer
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RTX has secured a $591 million contract to develop Next Generation Jammer Mid-Band (NGJ-MB) ship sets for the U.S. Navy and the Royal Australian Air Force.
November 28, 2024 | 4:00 pm
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RTX has been awarded a $591 million contract to develop NGJ-MB ship sets for the U.S. Navy and the Royal Australian Air Force, indicating a significant boost in its defense segment.
The $591 million contract is a substantial addition to RTX's defense business, likely leading to increased revenues and strengthening its position in the defense sector. The involvement of both the U.S. Navy and the Royal Australian Air Force highlights the strategic importance of this contract.
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IMPORTANCE 80
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