RTX's Raytheon ELCAN selected to deliver customised Specter® DR sights for German Armed Forces

RTX (NYSE: RTX) said Raytheon ELCAN won a production contract to supply a customised Specter® DR 1-4x weapon sight to the German Armed Forces as part of Germany's soldier modernization program.

Rhea-AI Summary

RTX (NYSE: RTX) said Raytheon ELCAN won a production contract to supply a customised Specter® DR 1-4x weapon sight to the German Armed Forces as part of Germany's soldier modernization program.

The bespoke configuration integrates an Aimpoint® reflex sight and builds on European orders exceeding 100,000 units since August 2024, with total value above €193 million.

Positive

• Orders >100,000 Specter DR sights across Europe since August 2024
• Collective European orders valued at €193 million+
• New production contract to supply a customised Specter DR to German Armed Forces
• Integrated Aimpoint reflex secondary sight for rapid close-to-mid-range transitions

Negative

• None.

Argus Feb 25 session

-1.25% close to close Open Argus

Details

News Market Reaction – RTX

On Feb 25, the day this news came out, RTX closed 1.25% below the previous close.

Data tracked by StockTitan Argus for the Feb 25 session.

Market Context

This announcement highlights continued European demand for RTX’s Specter® DR optics, with more than ...

Analysis

This announcement highlights continued European demand for RTX’s Specter® DR optics, with more than 100,000 sights ordered since August 2024 and a total value exceeding €193 million. It extends a series of recent defense and autonomy wins for Raytheon and Collins Aerospace units. Investors may watch how such program awards translate into backlog and revenue trends, while also monitoring ongoing insider activity and the unused but effective S-3ASR shelf for potential capital-raising moves.

Key Figures

Specter DR sights ordered: more than 100,000 sights Order value: exceeding €193 million

Specter DR sights ordered

more than 100,000 sights

Collective orders by Germany, Denmark, Lithuania, Spain, Italy, Finland since Aug 2024

Order value

exceeding €193 million

Total value of Specter DR European orders since Aug 2024

Historical Context

5 past events · Latest: Feb 20

5 events

1. Feb 20

   Autonomy test flight

   24h Move

   +0.1%

   Sidekick autonomy software completed a four-hour autonomous YFQ-42A test flight.

2. Feb 20

   Weapon approval

   24h Move

   +0.1%

   U.S. Navy approved StormBreaker smart weapon for operational Super Hornet use.

3. Feb 17

   Product recognition

   24h Move

   +1.7%

   Collins Aerospace SkyNook named a 2026 Crystal Cabin Award finalist.

4. Feb 17

   Supply chain contract

   24h Move

   +1.7%

   Contract to develop domestic thin film lithium niobate wafer production capability.

5. Feb 11

   Counter-drone demo

   24h Move

   +0.7%

   Coyote Block 3NK system defeated multiple drone swarms in U.S. Army exercise.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

reflex sight, reticles, multiband laser protection

3 terms

reflex sight technical

"integrates an Aimpoint® reflex sight mounted above the primary optic"

A reflex sight is a compact optical aiming device that projects a bright aiming dot onto a glass window so the user can align a tool or weapon with a target while keeping both eyes open, improving speed and situational awareness. Investors care because reflex sights are a commonly sold, higher-margin accessory across defense, law enforcement, and consumer markets; rising adoption or new models can drive revenue growth and signal product leadership, much like a car's heads-up display adds value and convenience.

reticles technical

"including multiband laser protection, custom reticles, specialized mounts"

Reticles are fine patterns or crosshairs placed in the focal plane of optical instruments—microscopes, scopes, cameras and imaging devices—that help users align, measure or target objects; think of them as the ruler or bull’s-eye inside a lens. Their design and precision affect measurement accuracy, product performance and regulatory acceptance, so they influence customer trust, market competitiveness and the commercial value of optical or imaging products.

multiband laser protection technical

"programs increasingly feature advanced, customized enhancements, including multiband laser protection"

Multiband laser protection is technology—usually coatings, filters, eyewear or sensors—that blocks or reduces harmful light from lasers operating at several different wavelengths instead of just one. For investors, it matters because products that work across multiple laser types can address a wider set of customers and safety standards, potentially expanding market size and reducing the risk that a competitor’s single-wavelength solution will make the product obsolete. Think of it like sunglasses that shield against UV, blue light and glare at once rather than just one kind of glare.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Surging European demand sees orders surpass 100,000 sights

OTTAWA, ON, Feb. 25, 2026 /PRNewswire/ -- RTX (NYSE: RTX), through its Raytheon ELCAN optical systems business, has been awarded a production contract to supply a highly customised variant of its Specter® DR 1-4x weapon sight to the German Armed Forces, advancing Germany's wider soldier system modernization program.

Under the agreement, Raytheon ELCAN, in close coordination with Leonardo Germany, will deliver a bespoke configuration tailored specifically to German operational requirements. The enhanced solution integrates an Aimpoint® reflex sight mounted above the primary optic to support rapid transitions between close-quarters and mid-range engagements.

"The German Armed Forces are undertaking a major enhancement of their soldier system capability, and we are providing a tailored optical solution that supports their evolving operational needs," said Chris Reimer, Raytheon ELCAN Business Development & Strategy Manager. "This award reflects continued confidence in the Specter® DR platform and our ability to deliver rugged, mission-ready optics for Europe's frontline forces."

This award builds on accelerating demand for the Specter® DR family across Europe. Since August 2024, Germany, Denmark, Lithuania, Spain, Italy, and Finland have collectively ordered more than 100,000 Specter® DR sights, with a total value exceeding €193 million.

European soldier system programs increasingly feature advanced, customized enhancements, including multiband laser protection, custom reticles, specialized mounts, and nation-specific finishes. Many recent procurements also integrate a secondary reflex sight mounted on the Specter® DR, enabling seamless transitions between close-quarters and mid-range engagements.

Recent European awards underscore the enduring relevance of the Specter® DR family and Raytheon ELCAN's commitment to delivering high-performance, mission-ready optics tailored to allied land forces. With over two decades of operational service and widespread use across NATO and allied militaries, the Specter® DR remains one of the most trusted dual-role weapon sights worldwide.

About Raytheon ELCAN

Raytheon ELCAN, a business of RTX, is a global leader in the design and manufacture of high‑precision optical and electro‑optical solutions for military and commercial customers. Raytheon ELCAN products support land, sea, and air platforms and are trusted by armed forces around the world.

About RTX

With more than 180,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. With industry-leading capabilities, we advance aviation, engineer integrated defense systems for operational success, and develop next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2025 sales of more than $88 billion, is headquartered in Arlington, Virginia.

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

 

View original content:https://www.prnewswire.com/news-releases/rtxs-raytheon-elcan-selected-to-deliver-customised-specter-dr-sights-for-german-armed-forces-302695911.html

SOURCE RTX

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did RTX announce on February 25, 2026 about the German Armed Forces contract (RTX)?

RTX announced a production contract to deliver a customised Specter DR 1-4x weapon sight to the German Armed Forces. According to the company, the variant includes an integrated Aimpoint reflex sight and supports Germany's soldier modernization program.

How many Specter DR sights have European nations ordered through August 2024 (RTX)?

European nations have ordered more than 100,000 Specter DR sights collectively. According to the company, those orders span Germany, Denmark, Lithuania, Spain, Italy, and Finland and total more than €193 million in value.

What customization does the Specter DR for Germany include (RTX)?

The German configuration includes a bespoke setup with an Aimpoint reflex sight mounted above the primary optic. According to the company, this enables rapid transitions between close-quarters and mid-range engagements.

Does the RTX award affect Specter DR demand in Europe (RTX)?

The award reinforces accelerating demand for the Specter DR family across Europe. According to the company, multiple recent procurements feature custom reticles, specialized mounts, and nation-specific finishes.

What is the significance of the Aimpoint reflex integration on the Specter DR (RTX)?

Integration of an Aimpoint reflex sight allows quick target acquisition for close-range while maintaining mid-range capability. According to the company, this dual-role setup improves soldier adaptability in varied engagement distances.

How long has the Specter DR been in operational service across allied militaries (RTX)?

The Specter DR has over two decades of operational service with NATO and allied forces. According to the company, the family remains widely used and trusted as a dual-role weapon sight globally.