Tag: rtx
4 articles

Army Awards Contracts for Long-Range PrSM Inc 4 Prototypes
The US Army has taken a major leap forward in its Precision Strike Missile program, awarding contracts to five top teams - Anduril, Castelion, Lockheed Martin, RTX, and Mach Industries - to develop prototype missiles with a game-changing range of at least 1,000 km. These cutting-edge missiles will be launched from the M142 High Mobility Artillery Rocket System (HIMARS), doubling the range of the current PrSM baseline.

Pentagon Fortifies SM-3 Production with Framework Deals
The Pentagon is bolstering its defenses with framework deals with Boeing and RTX to ramp up production of the SM-3 missile, a crucial component of the US and its allies' air and missile defense systems. This move strengthens the backbone of US sea-based missile defense, both at home and abroad.

Defense Execs Downplay Pentagon Budget Uncertainty
RTX CEO Chris Calio says there's bipartisan support for boosting munitions and key capabilities, despite budget chatter, giving defense execs reason for optimism. The Pentagon's FY27 request, totaling $1.15 trillion in base budget spending, aims to further ramp up defense-related funding.

US Army Revives PAC-2 Patriot Missile Buys Amid Stockpile Strains
The US Army is reviving its Patriot missile buys, with Raytheon securing a major deal worth $441.6 million, marking the first domestic GEM-T production order in over 30 years. This move comes as the Army faces stockpile strains, highlighting the ongoing demand for these critical defense systems.