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RTX RTX Corporation

101.22
-0.30 (-0.30%)
02 May 2024 - Closed
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
  -0.30 -0.30% 101.22 102.03 101.14 101.32 9,982,563 00:55:29

U.S. Air Force Awards $975 Million Contracts to GE, Raytheon, Boeing, Lockheed Martin, Northrop Grumman

20/08/2022 12:17am

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By Kathryn Hardison

 

General Electric Co., Raytheon Technologies Corp., Boeing Co., Lockheed Martin Corp. and Northrop Grumman Corp. were each awarded contracts of up to $975 million from the U.S. Air Force.

The contracts are for work under the prototype phase of the Next Generation Adaptive Propulsion program, with a focus on delivering capability enabling propulsion systems for future air dominance platforms and digitally transforming the propulsion industrial base, the U.S. Department of Defense said Friday.

The work is expected to be complete by July 11, 2032.

General Electric's work will be performed in Cincinnati, and Raytheon will complete its work in East Hartford, Conn. Boeing will work in St. Louis. Lockheed Martin and Northrop Grumman will fulfill their contracts in Palmdale, Calif.

 

Write to Kathryn Hardison at kathryn.hardison@wsj.com

(END) Dow Jones Newswires

August 19, 2022 19:02 ET (23:02 GMT)

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

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