RTX’s Raytheon Lands $6.3 Billion Pentagon Deal To Replenish SM-3 Missile Interceptors After Combat Use in Iran Conflict
RTX Corp. (NYSE: RTX ) unit Raytheon has secured a contract worth up to $6.3 billion to produce and sustain Standard Missile-3 Block IB interceptors as the Pentagon rebuilds missile-defense inventories depleted by combat operations. Pentagon Targets Rapid SM-3 Inventory Replenishment The five-year agreement includes tw