Pentagon signs deals with Boeing, RTX to boost missile interceptor component production
Pentagon signs deals with Boeing, RTX to boost missile interceptor component production Aug 14 (Reuters) - The Pentagon on Friday announced framework agreements with Boeing BA.N and RTX RTX.N to increase production of components of SM-3 Block IIA and SM-3 Block IB munitions.
Both agreements will strengthen production of a series of critical ship-fired surface-to-air interceptors that underpin the Aegis Ballistic Missile Defense System, the Pentagon said in a statement.
(Reporting by Ismail Shakil and Ryan Patrick Jones)
((ryan.jones@thomsonreuters.com; +1 437 242 1761))
Recent news on RTX
See all newsU.S. STOCKS ON THE MOVE-Moderna, Insulet, Jack Henry
U.S. STOCKS ON THE MOVE-WW Grainger, Eli Lilly, Super Micro
U.S. STOCKS ON THE MOVE-3M, Qnity Electronics, Wayfair, Duolingo
AI data-center stocks slide, renewables rally after Democratic US midterm sweep (updated)
U.S. STOCKS ON THE MOVE-AMD, health insurers, Estee Lauder