Details of RTX's Deal [Yahoo! Finance]
Lockheed Martin Corporation (LMT)
Last lockheed martin corporation earnings: 4/21 07:30 am
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Source: Yahoo! Finance
RTX Corporation 's RTX unit, Raytheon, recently secured a $31.2 million modification contract for the recertification and modernization of 257 Tomahawk Block IV All-Up-Round Missiles. The award has been provided by Naval Air Systems Command, Patuxent River, MD. Details of RTX's Deal The contract also includes the procurement of 24 Maritime Strike Tomahawk (MST) vertical launch systems and 11 MST missile capsule launch systems. Additionally, it covers non-recurring engineering to support the transition of the MST missile to production. The majority of the work related to this contract will be performed in El Segundo, CA; Tucson, AZ and Pontiac, MI. The project is expected to be completed by November 2026. What's Favoring RTX Stock? As global defense spending has surged significantly in recent times, with nations rapidly enhancing their military capabilities, investments in missiles and missile defense systems are pouring in. RTX, being a leading missile system manufacturer,
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LMT
Earnings
- 10/22/24 - Beat
LMT
Sec Filings
- 1/3/25 - Form 4
- 1/3/25 - Form 4
- 12/26/24 - Form 3
- LMT's page on the SEC website