NYSE:RTXAerospace & Defense
Does RTX’s Air Defense Capacity Expansion Spree Reshape The Bull Case For RTX (RTX)?
RTX’s Raytheon business recently committed US$100,000,000 to expand its Portsmouth, Rhode Island facility, aiming to accelerate testing of the Lower Tier Air and Missile Defense Sensor for the U.S. Army and Poland and to increase Patriot GEM-T subcomponent output amid rising global demand.
This move follows an earlier US$53,000,000 radar facility expansion in Andover, Massachusetts, underscoring how RTX is building additional capacity in advanced air and missile defense where order...