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RTX — news, coverage & facts — IJR

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RTX — RTX Corporation · Public domain

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RTX

American multinational aerospace and defense conglomerate

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Raytheon Wins $22.9B Tomahawk Contract
The U.S. Navy awarded RTX’s Raytheon a $22.9 billion, seven-year contract to accelerate Tomahawk missile production under the Arsenal of Freedom, aiming to lift annual output to more than 1,000 missiles and secure a stable supply for the Navy and allies. RTX says it will invest in facilities, workforce, and suppliers to meet rising demand, with early production up in 2026.
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RTX Corporation, formerly Raytheon Technologies Corporation, is an American multinational aerospace and defense conglomerate headquartered in Arlington, Virginia. It is one of the largest aerospace and defense manufacturers in the world by revenue and market capitalization, as well as one of the largest providers of intelligence services. In 2023, the company's rank in the Forbes Global 2000 was 79. RTX manufactures aircraft engines, avionics, aerostructures, cybersecurity solutions, guided missiles, air defense systems, satellites, and drones. The company is a large military contractor, getting much of its revenue from the U.S. government.

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Country: United States
Headquarters: Waltham, Arlington County
Inception: April 3, 2020
Website: https://www.rtx.com/

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