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RTX RTX Corporation

104.24
-1.11 (-1.05%)
After Hours
Last Updated: 00:34:55
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
  -1.11 -1.05% 104.24 105.36 104.15 104.50 8,724,983 00:34:55

Raytheon Gets $4.4 Billion Modification to U.S. Navy Contract

15/06/2022 12:32am

Dow Jones News


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By Stephen Nakrosis

 

The Pentagon on Tuesday said Raytheon Technologies Corp., Pratt and Whitney Military Engines received a modification not to exceed $4,385,492,639 to an existing contract for propulsion systems for the Joint Strike Fighter.

The modification calls for the production and delivery of propulsion systems along with long lead-time components, parts, and materials, the Pentagon said. The modification also "provides global spares requirements to include spare engines, power modules, and other hardware," the Pentagon said.

In addition, the modification provides a Block 4 Short Take-Off Vertical Landing developmental test engine for flight test efforts, according to the Pentagon.

Work will be performed in a number of locations, including East Hartford, Conn., Indianapolis and Kent, Wash.

 

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

June 14, 2022 19:17 ET (23:17 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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