STOCK TITAN

NSPA awards RTX additional contract for optical day sights

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags

Raytheon, an RTX business, has secured an additional multi-million-dollar contract from the Danish Defence Armed Forces for ELCAN Specter DR dual role sights, with NSPA as the contracting authority. The Specter DR is a direct-view optic offering both close quarters and precision capabilities in a single sight, featuring instant magnification switching while maintaining constant boresight, eye relief, and sight picture.

The system enables 'both eyes open' target acquisition and will replace the existing ELCAN C79 fixed 3.4x sights. According to Mike Lewis, director and general manager at Raytheon ELCAN, the battle-proven Specter DR sight enhances soldier effectiveness on the battlefield and provides NATO allies with a competitive advantage.

Loading...
Loading translation...

Positive

  • Secured new multi-million-dollar contract from Danish Defence Armed Forces
  • Product will replace existing ELCAN C79 systems, indicating market expansion

Negative

  • None.

News Market Reaction

+1.74%
1 alert
+1.74% News Effect

On the day this news was published, RTX gained 1.74%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

ELCAN Specter DR dual role sight enhances optical capabilities for NATO allies

NUREMBERG, Germany, Feb. 24, 2025 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business was awarded an additional multi-million-dollar contract by the Danish Defence Armed Forces for ELCAN Specter DR dual role sights. The NATO Support Procurement Support Agency (NSPA) is the contracting authority.

The ELCAN Specter DR sight is a direct-view optic that provides close quarters and precision capability in a single sight. The Specter DR sight switches instantly between magnifications, providing the user with "both eyes open" target acquisition while boresight, eye relief and sight picture remain constant. 

"The Specter DR dual role sight is battle-proven, enabling soldiers to be more effective on the battlefield," said Mike Lewis, director and general manager at Raytheon ELCAN. "Raytheon ELCAN continues to work with our customers across NATO to deliver rugged, reliable optics that give our allies a competitive advantage when it matters most."

The ELCAN Specter DR optical day sights will replace the ELCAN C79 fixed 3.4x sights.

About Raytheon ELCAN
Raytheon ELCAN is a Canadian technology leader in the global optics industry, specializing in technologically sophisticated and superior-quality optical solutions that meet strict military and commercial specifications. Raytheon ELCAN offers superior design and engineering capabilities, proprietary production technologies and fully integrated manufacturing to provide custom, turn-key solutions.

Raytheon ELCAN Specter rifle sights are recognized by military marksmen as being the easiest, most accurate small arms targeting systems and are preferred for their operational simplicity, rugged performance and high precision optics. For more information about Raytheon ELCAN, visit www.rtx.com/ELCAN

About RTX
RTX is the world's largest aerospace and defense company. With more than 185,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. Through industry-leading businesses – Collins Aerospace, Pratt & Whitney and Raytheon – we are advancing aviation, engineering integrated defense systems for operational success, and developing next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2024 sales of more than $80 billion, is headquartered in Arlington, Virginia.

For questions or to schedule an interview, please contact corporatepr@rtx.com

Cision View original content:https://www.prnewswire.com/news-releases/nspa-awards-rtx-additional-contract-for-optical-day-sights-302382445.html

SOURCE RTX

FAQ

What is the value of RTX's new Danish Defence contract for ELCAN Specter DR sights?

The exact value was not disclosed, but it is described as a multi-million-dollar contract.

What advantages does the RTX ELCAN Specter DR sight offer over the C79 model?

The Specter DR offers dual role capabilities with instant magnification switching, close quarters and precision capability, and 'both eyes open' target acquisition, while maintaining constant boresight, eye relief, and sight picture.

Which military force awarded RTX the new ELCAN Specter DR contract in 2025?

The Danish Defence Armed Forces awarded the contract, with NSPA (NATO Support Procurement Support Agency) serving as the contracting authority.

What existing system will RTX's ELCAN Specter DR replace in the Danish military?

The ELCAN Specter DR optical day sights will replace the ELCAN C79 fixed 3.4x sights currently in use.
RTX Corp

NYSE:RTX

RTX Rankings

RTX Latest News

RTX Latest SEC Filings

RTX Stock Data

266.60B
1.34B
0.08%
83.34%
1.21%
Aerospace & Defense
Aircraft Engines & Engine Parts
Link
United States
ARLINGTON