RTX Secures $192M Contract to Upgrade Next Generation Jammer
RTXRaytheon Technologies(RTX) ZACKS·2024-10-04 00:01

RTX Corporation's (RTX) business segment, Raytheon, recently won a $192 million modification contract to upgrade the Next Generation Jammer Mid-Band Expansion (NGJ-MB) system. The contract was provided by the U.S. Navy. Details of the Deal Secured by RTX Per the terms of the deal, RTX will develop the NGJ-MBX system, which is an upgraded version of its existing Next NGJ-MB system. The latest modification will extend the frequency range of the NGJ-MB system to counter additional threats, as MBX provides addi ...