RTX's Arm Wins a $333M Contract to Aid Standard Missile-6 Program

RTX Corporation’s (RTX) unit, Raytheon, recently secured a $333.3 million contract for facilitating the full-rate production of Standard Missile-6 (SM-6). RTX will also supply spares and a round design agent for SM-6 under this agreement.Details of RTX’s DealThe majority of the work related to this contract will be performed in Tucson, AZ, and Huntsville, AL. This contract is projected to be completed by October 2027.The award has been provided by the Naval Sea Systems Command, Washington, D.C. This contrac ...