RTX Secures a Contract to Aid Its Dual Band Radar Systems Program
RTXRaytheon Technologies(RTX) ZACKS·2024-11-20 23:06

RTX Corp. (RTX) recently clinched a modification contract for its Dual Band Radar (“DBR”) systems. The award has been provided by the Naval Sea Systems Command, Washington, D.C.The contract, valued at $93.9 million, is expected to be completed by September 2026. Per the terms of the deal, RTX will provide technical engineering follow-on requirements and spares to support the DBR systems installed aboard CVN78 and DDG1000 class ships. A major portion of the work related to this deal will be carried out in Te ...