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Stock impact report

RTX's Raytheon receives follow-on contract from U.S. Army for advanced defense analysis solution [Yahoo! Finance]

Raytheon Technologies Corporation (RTX) 
Company Research Source: Yahoo! Finance
March 24, 2025 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has been awarded a follow-on contract from the U.S. Army Futures Command, Futures and Concepts Center to continue to utilize its Rapid Campaign Analysis and Demonstration Environment , or RCADE, modeling and simulation capability. During the initial contract , Raytheon developed large-scale theater scenarios to assess concepts of operations in a multi-domain conflict. In this follow-on effort, Raytheon will establish a continuous experimentation environment with RCADE to enable the U.S. Army's concept developers and Battle Labs to inform strategic force design decisions. "This contract demonstrates the U.S. Army's confidence in our ability to quickly analyze options and adapt solutions to meet evolving needs," said Colin Whelan , president of Advanced Technology at Raytheon. "In partnership, we're helping to provide the operational perspective to optimize decision-making through data-driven modeling and simulati Show less Read more
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