RTX's Raytheon awarded U.S. Army contract for wireless power beaming technology [Yahoo! Finance]
RTX Corporation (RTX)
Company Research
Source: Yahoo! Finance
Nov. 14, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has been awarded a contract from the U.S. Army to work on directed energy wireless power beaming capabilities that will distribute power across the battlefield, simplify logistics, and safeguard locations for U.S. troops. Work is being conducted as part of a larger effort under the Department of Defense's Operational Energy Strategy. Under the contract, Raytheon's Advanced Technology team will develop advanced wireless power transmitter and receiver technologies to enable a long-range demonstration in line with the needs of U.S. Army manned and unmanned system requirements. "Wireless power and data can provide enhanced capability in the future manned and unmanned teaming battlespace," said Colin Whelan , president of Advanced Technology at Raytheon. "This is extremely important in highly contested threat environments where operations are challenged." Wireless power beaming reduces the need for troops to carry a
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- Here's Why RTX (RTX) is a Strong Growth Stock [Yahoo! Finance]Yahoo! Finance
- RTX's Raytheon awarded U.S. Army contract for wireless power beaming technologyPR Newswire
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RTX
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Sec Filings
- 10/22/24 - Form 10-Q
- 10/22/24 - Form 8-K
- 10/16/24 - Form 8-K
- RTX's page on the SEC website