3 Space Stocks To Watch With Up To 28% Revenue Growth

Raytheon, an RTX subsidiary, secured two Pentagon contracts totaling $30.7B to accelerate production of SM-6 and SM-3 Block IB interceptors. The deals span 5-7 years and aim to increase output significantly. Raytheon has also won other contracts to boost Tomahawk and AMRAAM missile production, responding to Pentagon's call to replenish munitions stockpiles.

RTX's Raytheon won $729M in contracts for LIDS counter-drone systems from the U.S., Qatar, and Jordan. The deal includes KuRFS sensors and Coyote effectors, marking their first international sales. RTX plans to expand production and upgrade capabilities, including faster launch times and greater range.

RTX's Raytheon subsidiary secured a $729M contract for counter-drone systems (LIDS) with the US Army, Qatar, and Jordan. The system includes Ku-band Radio Frequency Sensor and Coyote effectors. RTX plans to expand production capacity to meet global demand. The company operates in aeronautics, missile systems, and aerial navigation.

RTX's Raytheon subsidiary secured $729M in contracts for counter-drone systems with the US Army, Qatar, and Jordan, marking the first international sales of its KuRFS radar and Coyote interceptor technologies. The contracts cover both fixed-site and mobile configurations of the LIDS system, designed to detect and counter unmanned aerial threats. RTX is expanding production capacity to meet demand, but did not disclose individual contract values or delivery timelines.

Raytheon, a unit of RTX, secured $729M in contracts from the U.S. Army, Qatar, and Jordan for LIDS counter-drone systems. The deal covers fixed and mobile configurations. RTX shares fell 0.09% to $186.50 in pre-market trading.

RTX's Raytheon has secured $729 million in contracts for counter-drone systems from the U.S., Qatar, and Jordan. The contracts involve multiple countries and highlight Raytheon's role in defense technology.