RTX secures $1.11B contract modification for AIM-9X missile production.& delivery

Seeking Alpha ·

Raytheon ( RTX ) secured a contract modification worth up to $1.11B to produce and deliver AIM-9X Sidewinder missiles and related equipment for U.S. military branches and FMS customers. The order includes more than 1.98K tactical missiles, along with training missiles, spare guidance units, propulsion systems, warheads, containers, and maintenance

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Raytheon (RTX) has secured a contract modification worth up to $1.11B to produce and deliver AIM-9X Sidewinder missiles and related equipment. The award covers approximately 1.98K tactical missiles as well as training missiles, spare guidance units, propulsion systems, warheads, containers, and maintenance, and incorporates follow-on demand. The contract reflects increased demand from the U.S. military and FMS customers and allied force modernization trends, which should support short-term revenue and backlog for the defense industry. RTX, key component suppliers, and MRO and training-service providers will benefit directly or indirectly, likely strengthening the defense sector's stable revenue base.

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