Raytheon, an RTX business, has been selected for the Ground-Based Radar Digitization program to modernize Space Force radar sites. The work aims to enhance early warning, space monitoring, and system reliability. No financial terms were disclosed.
bullish 70 · impact 40
RTX's Raytheon unit received $729 million in contracts for counter-drone system components. The awards include first international sales for the KuRFS sensor and Coyote effector. RTX is ramping production to meet rising global demand.
Raytheon, an RTX business, completed three successful tests of its Coyote Block 2C+RM upgrades, advancing from concept to testing in 15 months. The upgrades include a rocket motor, new seeker, and warhead designed to defeat all classes of drone threats. The tests confirmed integration with current counter-drone architecture and demonstrated faster threat engagement times.
bullish 75 · impact 60
Large caps closed near record territory while small caps lagged. Deal flow included a $6.3B RTX missile contract, Lilly FDA approval for Jaypirca, Couche-Tard retail asset acquisition, SAP's TechWolf acquisition, and a CN Rail grain record.
bullish 65 · impact 45
Raytheon, an RTX business, secured a five-year contract with two option years valued up to $24.4 billion for Standard Missile-6 interceptors. The contract ensures supply for the U.S. Navy. SM-6 is a multi-mission weapon for anti-air, anti-surface, and ballistic missile defense.
bullish 80 · impact 80