RTX's Raytheon awarded $590 million production contract for Next Generation Jammer Mid-Band
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Raytheon's RTX business has secured a $590 million contract from the U.S. Navy for the Next Generation Jammer Mid-Band system, in collaboration with the Royal Australian Air Force.
December 05, 2024 | 2:15 pm
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Raytheon's RTX business has been awarded a $590 million contract by the U.S. Navy for the Next Generation Jammer Mid-Band system, enhancing its defense portfolio.
The $590 million contract from the U.S. Navy is a significant addition to RTX's defense portfolio, likely boosting its revenues and market position in the defense sector. The collaboration with the Royal Australian Air Force further emphasizes the strategic importance of this contract.
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