Tag: rtx
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Pentagon Awards Raytheon Up to $6.3 Billion for SM-3 Block IB Interceptors
The Department of War and Missile Defense Agency awarded RTX's Raytheon a multi-year contract worth up to $6.3 billion to build SM-3 Block IB interceptors, with work starting in Arizona and Alabama.
Politics and GovernmentBusinessMilitaryFederal GovernmentTradeUSA Department of WarRaytheonRTXSM-3 Block IBMissile Defense AgencyMichael P. DuffeyDefense ContractU.S. Department of War
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Navy Awards Raytheon $24.4 Billion to Accelerate Standard Missile-6 Production
The Department of War announced a U.S. Navy award of $24.4 billion to Raytheon, an RTX business, to speed Standard Missile-6 production under a five-year deal with two option years.
Politics and GovernmentBusinessMilitaryFederal GovernmentTradeUSA RaytheonStandard Missile-6U.S. NavyDepartment of WarRTXMichael P. DuffeyTomahawkU.S. Department of War
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Pentagon Awards RTX Up to $20.7B to Nearly Double AMRAAM Missile Production
Department of War awards Raytheon, an RTX business, a five-year multi-year AMRAAM contract with two option years valued up to $20.7 billion, nearly doubling production of the air-to-air missile.
Politics and GovernmentBusinessMilitaryFederal GovernmentTradeUSA Department of WarRTXRaytheonAMRAAMMichael P. DuffeyU.S. Air ForceForeign Military SalesU.S. Department of War
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Department of War Awards $22.9 Billion Contract to RTX for Accelerated Tomahawk Missile Production
The Department of War awarded Raytheon a $22.9 billion contract to accelerate Tomahawk missile production. This U.S. Navy initiative boosts long-range strike capabilities, strengthens supply chains, and ensures warfighters are equipped for modern threats.
Politics and GovernmentBusinessFederal GovernmentMilitaryEconomyEmployment and Labor U.S. Department of WarRTXRaytheonTomahawk missileMunitions productionU.S. NavyDefense Industry
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Department of War, Boeing, and RTX Forge Agreements to Accelerate SM-3 Missile Production
The U.S. Department of War, Boeing, and RTX have finalized two framework agreements to significantly increase production of critical SM-3 Block IB and SM-3 Block IIA missile components, bolstering U.S. sea-based missile defense capabilities.
Politics and GovernmentBusinessScience & TechnologyConflictFederal GovernmentMilitaryEconomyUSA U.S. Department of WarBoeingRTXSM-3 missilesMissile DefenseAcquisition Transformation Strategy
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Media Monitor: Defense Executives Optimistic on Pentagon Spending
Breaking Defense reports defense industry executives are optimistic about future Pentagon spending, despite FY27 budget uncertainty, while the Senate's stopgap bill rejects specific requests.
Politics and GovernmentBusinessConflictFederal GovernmentCongressEconomyMilitaryGeneral Politics Defense IndustryPentagon SpendingFY27 BudgetChris CalioRTXSenateStopgap FundingBreaking Defense