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RTX's Raytheon Awarded $24.4B Missile Contract as Trump Finally Admits...
The Pentagon on Thursday announced a massive new defense contract at a moment many Congressional members are concerned over America's dwindling arsenal of both defensive and offensive missiles and weapons systems.
Raytheon, an RTX unit, has been awarded a $24.4 billion contract for the accelerated production of SM-6 missiles, amid the scramble to replace them in the wake of Trump's Operation Epic Fury bombing campaign of Iran.
A Pentagon statement described the missiles as "critical anti-air and anti-surface warfare munition" and previewed that "this five-year agreement, with two additional option years, will drive faster production."