RTX's Raytheon awarded $736 million contract to produce AIM-9X missiles
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Rhea-AI Summary
Raytheon, an RTX business, has been awarded a $736 million contract by the U.S. Navy to produce AIM-9X SIDEWINDER missiles. The contract focuses on the improved Block II variant, which addresses hardware obsolescence and ensures superior performance and long-term reliability. The AIM-9X is described as the most advanced infrared-tracking, short-range, air-to-air and surface-to-air missile in the world.
The missile is compatible with various modern aircraft and provides layered defense capabilities, including integration with the National Advanced Surface-to-Air Missile System (NASAMS). Used by over 30 allied and partner nations, the AIM-9X continues to gain international interest, with the Czech Republic becoming the most recent customer in March 2024. The contract work will be carried out at various locations within the continental U.S. through 2029.
Positive
- Raytheon secured a $736 million contract for AIM-9X missile production
- AIM-9X is used by over 30 allied and partner nations
- Increasing international interest, with Czech Republic as the newest customer
- Contract work to continue through 2029, providing long-term revenue
Negative
- None.
Details
News Market Reaction – RTX
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Missile is proven across air-to-air and ground-launch domains
This contract is for the improved Block II variant, which addresses hardware obsolescence through upgrades to ensure superior performance and long-term reliability.
"AIM-9X remains the weapon of choice for short-range air-to-air and surface-to-air missile defense, and worldwide customer demand is strong," said Barbara Borgonovi, president of Naval Power at Raytheon. "We're investing, innovating, and partnering with our
AIM-9X is the most advanced infrared-tracking, short-range, air-to-air and surface-to-air missile in the world. It is configured for easy installation on a wide range of modern aircraft and provides proven layered defense with ground-launched capabilities, including the National Advanced Surface-to-Air Missile System, or NASAMS.
A
Work under this contract will take place in various locations within the continental
About Raytheon
Raytheon, an RTX business, is a leading provider of defense solutions to help the
About RTX
With more than 185,000 global employees, RTX pushes 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, and developing next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2023 sales of
For questions or to schedule an interview, please contact corporatepr@rtx.com
View original content:https://www.prnewswire.com/news-releases/rtxs-raytheon-awarded-736-million-contract-to-produce-aim-9x-missiles-302272427.html
SOURCE RTX
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