RTX's Raytheon awarded $1.7 billion contract to deliver four Patriot fire units to Spain
Rhea-AI Summary
RTX (NYSE:RTX) announced a $1.7 billion foreign military sales contract to deliver four Patriot air and missile defense systems to Spain, announced Dec 23, 2025. The award covers radars, launchers, command-and-control stations, and training equipment.
The contract is described as Spain's largest Patriot order and notes collaboration with local industry, including Sener for GEM-T missile electro-mechanical controls. Patriot is presented as a combat-proven, long-range air and missile defense system deployed by 19 countries.
Positive
- $1.7B contract to deliver four Patriot systems
- Includes radars, launchers, C2 stations, and training equipment
- Collaboration with Spanish supplier Sener for GEM-T controls
- Reinforces Patriot position as defense foundation for 19 countries
Negative
- None.
News Market Reaction – RTX
On the day this news was published, RTX gained 0.04%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
RTX gained 2.02% with key defense peers also positive: LMT +1.81%, GD +1.87%, NOC +2.77%, BA +0.7%, HWM +1.55%, suggesting broader aerospace & defense strength even though momentum scanners did not flag a sector move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 19 | Radar contract win | Positive | +2.1% | U.S. Air Force contract to equip X-62A VISTA with PhantomStrike radar. |
| Dec 19 | Patriot contract win | Positive | +2.1% | $168M foreign military sales contract for Romanian Patriot equipment. |
| Dec 09 | EW prototype review | Positive | +0.2% | Major review completion for Advanced Electronic Warfare prototype for U.S. Navy. |
| Dec 09 | Engine development update | Positive | +0.2% | Development of small engines for munitions and combat aircraft with 2026 tests. |
| Dec 04 | Cloud collaboration | Positive | +1.7% | Strategic collaboration with AWS to enhance space mission data services. |
Recent defense contract and technology announcements have generally coincided with modest positive price reactions.
Over the past month, RTX has reported multiple defense wins and technology milestones, including Patriot-related contracts for Romania and radar and electronic warfare advancements on Dec. 19 and Dec. 9, 2025. These events saw generally positive single-day moves between 0.24% and 2.09%. The new $1.7 billion Patriot contract with Spain extends this pattern of international air and missile defense demand highlighted in prior releases.
Regulatory & Risk Context
RTX has an effective S-3ASR shelf registration dated 2025-09-18, allowing it to offer various securities such as debt, warrants, common stock, and equity units via future prospectus supplements. Terms like amounts, currencies, and rates would be defined at the time of each specific offering.
Market Pulse Summary
This announcement highlights a major $1.7 billion Patriot contract supplying four air and missile defense units to Spain, adding to RTX’s recent string of defense and technology wins. It reinforces Patriot’s role across 19 countries and ongoing European demand. In context of rising Q3 net sales of $22.478B and an effective universal shelf registration, investors may watch future contract flow, funding choices, and execution on large defense programs.
Key Terms
foreign military sales regulatory
air and missile defense technical
cruise missiles technical
tactical ballistic missiles technical
AI-generated analysis. Not financial advice.
Contract marks
The foreign military sales contract includes radars, launchers, command and control stations, and training equipment.
"Modernizing air and missile defense is vital to
Raytheon has collaborated with local Spanish defense companies including Sener for electro-mechanical control system of the GEM-T missile as part of its Patriot global supply chain network.
Patriot is the only combat-proven ground-based air and missile defense capability in the world able to defend against long-range cruise missiles, tactical ballistic missiles, and the full spectrum of air-breathing threats.
Backed by a world-class command-and-control system, Patriot has intercepted hundreds of advanced aerial threats in conflicts around the globe. Patriot is the foundation of air defense for 19 countries, and the system continues to demonstrate its effectiveness against advanced aerial threats and massive complex raid attacks.
The contract comes as
About Raytheon
Raytheon, an RTX business, is a leading provider of defense solutions to help the
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
For questions or to schedule an interview, please contact corporatepr@rtx.com
View original content:https://www.prnewswire.com/news-releases/rtxs-raytheon-awarded-1-7-billion-contract-to-deliver-four-patriot-fire-units-to-spain-302648378.html
SOURCE RTX
FAQ
What did RTX announce on December 23, 2025 regarding Spain?
What equipment is included in the RTX Patriot contract for Spain (NYSE:RTX)?
Does the RTX contract involve Spanish suppliers and which one is named?
How many countries operate Patriot according to RTX's announcement?
How significant is the Spain Patriot order for RTX's business?
