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United States expands order for RTX GBU-53/B StormBreaker bombs

United States expands order for RTX GBU-53/B StormBreaker bombs

The United States Department of Defense has expanded its order for RTX GBU-53/B StormBreaker guided bombs. The StormBreaker is a precision-guided munition equipped with a multi-mode targeting system.

February 2, 2025
RTX announces strong 2024 financial results and positive 2025 outlook

RTX announces strong 2024 financial results and positive 2025 outlook

American defence and aerospace company RTX has reported robust financial results for 2024, with sales reaching $80.7 billion, marking a 9% increase from the previous year.

January 29, 2025
Pratt & Whitney establishes European Technology and Innovation Center in the Netherlands

Pratt & Whitney establishes European Technology and Innovation Center in the Netherlands

RTX’s Pratt & Whitney announced plans to establish a European Technology and Innovation Center (ETIC) dedicated to advancing technologies for enabling more energy efficient and sustainable aviation.

January 22, 2025
Raytheon clinches multi-million-dollar deal to produce Patriot air defence system for the Netherlands

Raytheon clinches multi-million-dollar deal to produce Patriot air defence system for the Netherlands

Raytheon has secured a USD 529 million contract to deliver a Patriot air and missile defence system to the Netherlands.

January 16, 2025
US Congress allocates over USD 500 million to boost stinger and Patriot systems production

US Congress allocates over USD 500 million to boost stinger and Patriot systems production

The United States Congress has approved a significant budget increase for the enhancement and expansion of Patriot missile systems and Stinger portable air defence systems.

January 16, 2025
RTX’s Raytheon awarded USD 333 million contract for SM-6 Block IA production

RTX’s Raytheon awarded USD 333 million contract for SM-6 Block IA production

Raytheon, an RTX business, was awarded a USD 333 million contract from the U.S. Navy to produce Standard Missile-6 (SM-6) Block IA missiles.

January 13, 2025
U.S. Navy orders additional SM-6 missiles from Raytheon in USD 300 million deal

U.S. Navy orders additional SM-6 missiles from Raytheon in USD 300 million deal

The U.S. Navy has awarded Raytheon a USD 333.3 million contract to produce the Standard Missile-6 (SM-6), a versatile weapon system designed for a range of defence missions.

January 10, 2025
U.S. Navy: Next-Generation Jammer Mid-Band System achieves Initial Operational Capability (IOC)

U.S. Navy: Next-Generation Jammer Mid-Band System achieves Initial Operational Capability (IOC)

The U.S. Navy has announced the initial operational capability (IOC) of the Next Generation Jammer Mid-Band (NGJ-MB) system, a breakthrough in naval aviation technology.

January 6, 2025
Supply chain disruptions drive revenue declines for Lockheed Martin and RTX

Supply chain disruptions drive revenue declines for Lockheed Martin and RTX

As the world’s largest arms producer, Lockheed Martin reported revenues of USD 60.8 billion in 2023, a 1.6 per cent decline compared to 2022.

January 4, 2025
Japan receives approval for major AMRAAM air-to-air missile procurement

Japan receives approval for major AMRAAM air-to-air missile procurement

The United States Department of State has approved Japan’s request to purchase up to 1,200 RTX AIM-120 AMRAAM air-to-air guided missiles.

January 4, 2025
Raytheon awarded USD 946 million contract to provide additional Patriot systems to Romania

Raytheon awarded USD 946 million contract to provide additional Patriot systems to Romania

Raytheon, an RTX business, was awarded a USD 946 million contract to supply Romania with additional Patriot air and missile defence systems.

January 3, 2025
U.S. Department of Defense awards USD 282.3 million Contract to Raytheon for StormBreaker bombs

U.S. Department of Defense awards USD 282.3 million Contract to Raytheon for StormBreaker bombs

The United States Department of Defense has announced the award of a USD 282.3 million fixed-price-incentive-fee contract to Raytheon for the StormBreaker bombs.

December 21, 2024
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