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0.00038654812524168 0.00038654812524168 0.00115964437572482 -0.00262852725164264 -0.00975879396984911 -0.00819482025512178 -0.0134132199458831 -0.0188635485117897
Stock impact report

RTX's Lower Tier Air and Missile Defense Sensor positioned for production

Raytheon Technologies Corporation (RTX) 
Company Research Source: PR Newswire
LTAMDS transitions from prototype to production ANDOVER, Mass., April 21, 2025 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, is transitioning to production of its Lower Tier Air and Missile Defense Sensor, or LTAMDS, after completing the U.S. Army's rigorous flight test program and achieving the Department of Defense's Major Capability Acquisition Milestone C designation.LTAMDS has completed eight successful flight tests of increasing complexity to stress the radar and prove its capabilities against real-world threats. This led the Army to validate that the radar has reached Milestone C, initiating the production and deployment phase of the program. LTAMDS is now officially designated a program of record by the U.S. Army and ready to support both its U.S. homeland defense and expeditionary missions."This is an unprecedented achievement, with a development program of this magnitude transitioning from prototype to production and deployment at an accelerated pace," said Tom Lali Show less Read more
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