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RTX Corporation (NYSE:RTX) shares are largely flat on Thursday, following the announcement of a $529 million contract to supply the Netherlands with a Patriot air and missile defense system. The ...
[3] [2] The program is also called the Offensive Anti-Surface Warfare Increment 2 (OASuW Inc 2) program. [3] On 28 March 2023, Naval Air Systems Command (NAVAIR) awarded a $116 million contract to Raytheon Missiles & Defense and Lockheed Martin for technical maturation and development through a preliminary design review of the propulsion system ...
Raytheon made about $36.7 million in profit from the Gulf Cooperation Council contract additions, which involved air-defense system upgrades, and anticipated making more than $72 million on the ...
Prosecutors in Boston alleged that Raytheon from 2012 to 2018 defrauded the Defense Department into paying over $111 million more than it should have in two contracts to purchase Patriot missile ...
On 1 July 2021, the USAF awarded Raytheon a cost-plus-fixed-fee contract for the engineering and manufacturing development stage of the LRSO program, with options that could take the contract to about US$2 billion. DefenseNews reported that the USAF could buy more than 1,000 AGM-181 missiles, which are projected to have a range in excess of ...
Raytheon missiles on display at the Paris Air Show, 2005. Raytheon is a developer of missiles and related missile defense systems. These include: AGM-62 Walleye; AGM-65 Maverick; AGM-88 HARM; AGM-114 Hellfire; AGM-129 Advanced Cruise Missile; AGM-154 Joint Standoff Weapon; AIM-7 Sparrow; AIM-9 Sidewinder; AIM-54 Phoenix; AIM-120 AMRAAM; AS-14 ...
(Reuters) - A joint venture between Lockheed Martin and RTX's Raytheon was awarded a $1.3 billion follow-on contract by the U.S. army for its Javelin missiles, which has played a major role in ...
Raytheon Missiles & Defense (RMD) was one of four business segments of RTX Corporation.Headquartered in Tucson, Arizona, its president was Wes Kremer. [1] The business produced a broad portfolio of advanced technologies, including air and missile defense systems, precision weapons, radars, and command and control systems. [2]