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RTX RTX Corporation

28.99
0.07 (0.24%)
22 Nov 2024 - Closed
Realtime Data
Name Symbol Market Type
RTX Corporation NEO:RTX NEO Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.07 0.24% 28.99 28.00 30.00 29.20 28.92 29.06 4,195 21:55:00

RTX to Develop Supply-Chain Simulator to Predict Disruptions

04/12/2023 6:53pm

Dow Jones News


RTX (NEO:RTX)
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By Ben Glickman

 

RTX will develop a simulator for the Department of Defense to help respond to shocks to the supply chain.

The defense contractor said its Raytheon BBN Technologies unit would perform the work under an $8 million contract.

The company said the tool would use historical and behavioral survey data to help craft responses to shocks to logistics networks.

RTX said the Defense Advanced Research Projects Agency would evaluate the simulator by comparing historical scenarios and consulting with experts.

 

Write to Ben Glickman at ben.glickman@wsj.com

 

(END) Dow Jones Newswires

December 04, 2023 13:38 ET (18:38 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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