US Navy awards RTX's Raytheon $24.4 billion contract for Standard Missile-6
RTX•The US Navy awarded RTX's Raytheon unit a multiyear contract worth up to $24.4 billion to produce Standard Missile-6 interceptors as the Pentagon seeks to replenish munitions stockpiles depleted by Middle East conflicts.
1. Multiyear missile contract
The US Navy said it awarded RTX's Raytheon unit a multiyear contract worth up to $24.4 billion to produce Standard Missile-6 interceptors. The Pentagon is pushing to replenish munitions stockpiles depleted by conflicts in the Middle East.
