RTX Receives $369.9 Million Boost to US Navy Contract

MT Newswires Live04-24 05:56

RTX (RTX) secured a $369.9 million boost to its US Navy contract, which involves the procurement of Lot 21 F135 propulsion systems and advanced long lead time materials, parts, and components, the US Department of War said in a late Thursday statement.

Project work will be primarily carried out the company's facilities in Connecticut, Indiana, Washington, Maine, and California, according to the Department.

The project is expected to be completed in May 2031, according to a statement.

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