RTX sees Europe becoming an increasingly important source of defence orders and industrial capacity as NATO members raise spending and expand local production, CEO Chris Calio said.
The new variant combines Raytheon’s weapons technology with a modified TJ-150 engine supplied by Pratt & Whitney.
RTX’s Raytheon has delivered and installed the first SPY-6(V)4 radar array at the Surface Combat Systems Center on Wallops Island, Virginia.
The funding will also support increased production of JMT components as Raytheon expands capacity for long-term defense demand.
RTX booked more than $5 billion in GEM-T Patriot effector orders during the second quarter of 2026.
RTX’s Pratt & Whitney has received a nearly $1.3 billion undefinitized contract for F135 engine spare parts.
Japan’s JS Chōkai fired an RGM-109 Tomahawk cruise missile for the first time at a U.S. test range.
RTX posted second-quarter sales of $24.7 billion, up 14% from a year ago.
The statement followed a meeting with a Raytheon team led by Vice President Joseph DeAntona and comes as Ukraine seeks more reliable access to missiles for its Patriot systems.
The contract includes options that would lift the cumulative value to $3.3 billion if exercised.
Raytheon UK has introduced Red Kite, a sovereign precision weapon fully designed and digitally engineered in the United Kingdom.
RTX’s Pratt & Whitney Canada has won a nine-year, $1 billion contract from V2X Inc. to overhaul more than 750 PT6A-68 engines for the U.S. Joint Primary Aircraft Training System.
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