RTX raised its full-year sales guidance following a strong third quarter, citing resilient aftermarket demand across Collins, Pratt & Whitney and Raytheon.
Germany has formally submitted a letter of request for the Typhon surface-to-surface system and associated Tomahawk cruise missiles, during a visit to Washington.
The U.S. Navy has awarded RTX subsidiary Raytheon a contract worth up to $22.9 billion over seven years to boost the military’s RGM-109 Tomahawk cruise missile output.
Demand for all sorts of missiles—from air defense interceptors to deep-strike weapons—is starting to flow through to the earnings of major defense companies.
Germany has sent a letter of request to the Pentagon to buy Typhon ground-launched, long-range strike systems, German Defense Minister Boris Pistorius says.
China has placed 11 U.S. drone companies on its unreliable-entity list and banned the export of dual-use technologies to another 16 American businesses.
Australia has become the third country to possess and fire the Tomahawk Land Attack cruise missile after a live firing test from a Hobart-class destroyer.
The U.S. military says the Jan. 11 barrage of air strikes targeting Houthi forces inside Yemen has inhibited the group’s ability to conduct complex attacks.
