RTX's Arm Secures a Contract to Aid Standard Missile-2 and 6 Programs
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RTX's unit, Raytheon, has secured a $75.1 million contract to support the Standard Missile-2 and Standard Missile-6 programs, potentially boosting RTX's defense segment.
February 04, 2025 | 4:30 pm
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Raytheon, a unit of RTX, has secured a $75.1 million contract to support the SM-2 and SM-6 missile programs. This contract could enhance RTX's revenue and strengthen its position in the defense sector.
The $75.1 million contract is a significant win for Raytheon, a unit of RTX, indicating potential revenue growth and strengthening RTX's position in the defense industry. This contract is likely to positively impact RTX's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90