BELLINGS

RTX's Raytheon Wins $22.9 Bln Contract To Boost Production Of Tomahawk Cruise Missiles For US Navy

(RTTNews) - Monday, Raytheon, a business of RTX Corporation (RTX), announced that it has secured a $22.9 billion contract to accelerate the production of Tomahawk cruise missiles for the U.S. Navy as part of the Department of War's Arsenal of Freedom.

(RTTNews) - Monday, Raytheon, a business of RTX Corporation (RTX), announced that it has secured a $22.9 billion contract to accelerate the production of Tomahawk cruise missiles for the U.S. Navy as part of the Department of War's Arsenal of Freedom.

BELLINGS Intelligence Score: 12

Why it matters

This is a large defense contract award representing routine government procurement activity without direct implications for credit markets or financial conditions.

Sources