Raytheon Secures $1.2B Air Force Contract Modification to Produce More AMRAAM Missiles

RTX (NYSE: RTX) subsidiary Raytheon has received a potential $1.19 billion contract modification from the U.S. Air Force to produce and supply advanced medium-range air-to-air missiles to domestic and foreign military sales customers. The Department of Defense said Wednesday the award also covers the delivery of AMRAAM telemetry systems, initial and field spares and other

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