Rtx's Raytheon Wins Modification to Navy Contract Worth up to $1.1B

Dow Jones06-26 06:06

RTX unit Raytheon received a modification to a contract with the U.S. Navy worth up to $1.1 billion.

The modification to the previously awarded fixed-price incentive contract exercises the Navy's options for Raytheon to produce a range of missiles and other components and systems.

Work on the contract is expected to be complete by September 2029.

Write to Elias Schisgall at elias.schisgall@wsj.com

(END) Dow Jones Newswires

June 25, 2026 18:06 ET (22:06 GMT)

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