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RTX RTX Corporation

120.53
1.38 (1.16%)
Last Updated: 16:07:44
Delayed by 15 minutes
Share Name Share Symbol Market Type
RTX Corporation NYSE:RTX NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  1.38 1.16% 120.53 120.675 118.86 119.67 622,563 16:07:44

RTX to Develop Supply-Chain Simulator to Predict Disruptions

04/12/2023 6:53pm

Dow Jones News


RTX (NYSE: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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