NYSE:RTXAerospace & Defense
RTX (NYSE:RTX) Lands $1.8 Billion Navy SPY 6 Radar Extension
RTX secured a $1.8b U.S. Navy contract extension for SPY-6 radar production and sustainment.
The agreement supports continued manufacturing, upgrades, and lifecycle support for the SPY-6 family of radars.
RTX plans to modernize facilities and aims to double SPY-6 output by 2028.
RTX (NYSE: RTX), trading at $194.88, continues to attract attention as a large defense contractor with long-running ties to U.S. military programs. The stock is up 26.5% over the past year and 149.5% over five...