NYSE:RTXAerospace & Defense
RTX (RTX) Secures $1.1 Billion Missile Contract, Is The Stock Fully Valued?
How the new AIM-9X contract frames RTX for investors
RTX (RTX) just saw its Raytheon defense segment secure a US$1.1b U.S. Navy contract for AIM-9X Block II missiles, with production capacity rising to 2,500 units a year to meet higher demand.
For you as an investor, this contract shows how RTX is connected to ongoing orders for advanced missile systems from both U.S. and allied customers, and it also reflects a commitment to additional engineering and manufacturing work in Tucson,...