RTX Wins a $1.2B Deal for AMRAAM Production & Associated Spare Parts
Raytheon Technologies(RTX) ZACKS·2024-09-12 21:16
RTX Corp. (RTX) recently clinched a contract for manufacturing the 38th lot of its Advanced Medium Range Air-to-Air Missile ("AMRAAM"). The award has been provided by the Air Force Life Cycle Management Center, Air Dominance Division Contracting Office, Eglin Air Force Base, FL. Details of the Deal Valued at $1.20 billion, the contract is projected to be completed by Dec. 31, 2028. Per the terms of the deal, in addition to AMRAAM production, RTX will also provide AMRAAM telemetry system, initial and field s ...