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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Northrop Grumman Corp Holding Co | NYSE:NOC | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 485.03 | 0 | 12:00:00 |
From May 2023 to May 2024
By Ben Glickman
Raytheon Technologies said on Monday that they, along with Northrop Grumman, had received a contract to further develop hypersonic weapons.
The two companies said they received a follow-on contract from the Defense Advanced Research Projects Agency, a part of the U.S. Department of Defense, to continue to test Hypersonic Air-breathing Weapon Concept flight vehicles, a tactical missile system. The two companies have worked together since 2013, and in 2019 agreed to combine Northrop Grumman's scramjet engines with Raytheon's air-breathing hypersonic weapons.
The two companies will make manufacturing improvements to the existing HAWC design and test the system. The companies said a team led by Raytheon would build and fly the missiles.
Raytheon said Monday it was changing its name to RTX and would begin trading under the new name July 26.
Write to Ben Glickman at ben.glickman@wsj.com
(END) Dow Jones Newswires
July 17, 2023 16:56 ET (20:56 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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