Trending: RTX Awarded Contracts From U.S. Air Force, NATO
04 January 2024 - 6:43AM
Dow Jones News
14:13 ET -- RTX is one of the most mentioned companies in the
U.S. across all news items in the last 12 hours, according to
Factiva data. The U.S. Air Force awarded Raytheon, an RTX business,
a $400 million contract to produce and deliver more than 1,500
StormBreaker smart weapons, an air-to-surface, network enabled
weapon that engages moving targets in all weather conditions. Also,
the NATO Support and Procurement Agency awarded COMLOG, a 50/50
joint venture between Raytheon and MBDA Germany, their first
contract under the European Sky Shield Initiative which has a total
value of up to $5.6 billion. The contract supports a coalition of
nations, including Germany, the Netherlands, Romania and Spain,
with a combined quantity of up to 1,000 Patriot GEM-T missiles, if
all options are exercised. Dow Jones & Co. owns Factiva.
(jennifer.tershak@wsj.com)
(END) Dow Jones Newswires
January 03, 2024 14:28 ET (19:28 GMT)
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