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RTX May Bag a $4.2 Billion Big-Blimp Bonanza
RTXRaytheon Technologies(RTX) The Motley Fool·2025-03-29 12:08

Is 400millioninextraprofit,spreadover10years,enoughtomovetheneedleonRTXstock?Forgetstealthfighterjets,drones,andorbital,Earth−observingspysatellites.IfyouasktheU.S.Army,thefutureofCommand,Control,Communications,Computers,Intelligence,Surveillance,andReconnaissance(C4ISR)mayactuallyresidein...blimps.Oratleasttheyhadbetterhopeso.Earlierthismonth,theU.S.Pentagonannouncedithasawardeda400 million in extra profit, spread over 10 years, enough to move the needle on RTX stock?Forget stealth fighter jets, drones, and orbital, Earth-observing spy satellites. If you ask the U.S. Army, the future of Command, Control, Communications, Computers, Intelligence, Surveillance, and Reconnaissance (C4ISR) may actually reside in... blimps.Or at least they had better hope so.Earlier this month, the U.S. Pentagon announced it has awarded a 4.2 billion, 10-year contract to build "lighter than air syst ...