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AmextaFinance > Investing > Raytheon gets $264 million U.S. Navy modification contract for missiles
Investing

Raytheon gets $264 million U.S. Navy modification contract for missiles

News Room
Last updated: 2023/06/19 at 9:51 PM
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Raytheon Technologies said Monday it will produce and deliver 571 AIM-9X Sidewinder missiles and parts for the U.S. Navy, U.S. Air Force and foreign military sales customers as part of a $264 million modification to a contract it received at the end of last year.

Raytheon
RTX,
-0.27%
will also provide captive air training systems, containers, spare assets and related kits and support equipment, it said.

The majority of the work will be performed in the continental U.S. and is expected to be completed in August 2026.

The AIM-9X Sidewinder. a U.S. Navy-led joint program with the U.S. Air Force, has 31 foreign military sales partners.

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News Room June 19, 2023 June 19, 2023
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