RTX receives $287 million Navy contract modification
March 30, 2024 12:02 pm
RTX Corp’s (RTX) Raytheon unit has been awarded a $287 million modification to a previously announced firm-fixed-price, cost-plus-incentive-fee, cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract. The modification focuses on the recertification and modernization of 166 Tomahawk Block IV All-Up-Round Missiles, aiming to ensure the latter can remain operational for up to additional 15 years of service. Work is to […] Read more