RTX's Raytheon Wins $24.4B Multi-Year Contract For SM-6 Interceptors

Raytheon, a subsidiary of RTX, has won a multi-year contract worth up to $24.4 billion for the production of Standard Missile-6 (SM-6) interceptors. The contract spans five years with two optional additional years, enhancing the availability of this crucial munition for both offensive and defensive operations.