RTX Stock Rises Overnight: Raytheon Lands $20.7B Missile Deal As Pentagon Pushes To Ramp Up Production

RTX stock moved higher overnight after Raytheon secured a U.S. government contract worth up to $20.7 billion to produce AMRAAM air-to-air missiles. The multiyear award supports plans to nearly double production, strengthening the U.S. weapons supply chain while meeting demand from U.S. and allied m…