US Navy awards RTX’s Raytheon $24.4B for SM-6 missiles amid stockpile concerns

🇺🇸 Defense News (US) —
US Navy awards RTX’s Raytheon $24.4B for SM-6 missiles amid stockpile concerns

AI Summary

The U.S. Navy awarded Raytheon, part of RTX, a $24.4 billion contract for SM-6 missile interceptors. The purchase supports Pentagon efforts to replenish munitions stockpiles depleted by conflicts in the Middle East.

The deal for the SM-6 interceptors comes as the Pentagon pushes to replenish munitions stockpiles depleted by conflicts in the Middle East.

Security Conflict Markets Deals US Navy Raytheon RTX SM-6 missiles defense contract munitions stockpiles

Read original source →