Rtx awarded $344 million contract to modernize electronics unit for missile development program

Updates will allow for continued, rapid deliveries of standard missile variants to the u.s. and international fleets tucson, ariz. , april 25, 2024 /prnewswire/ -- raytheon, an rtx (nyse: rtx) business, has been awarded a $344 million contract for the development of two missile variants – the sm-2 block iiicu and sm-6 block iu – which will be based on a common guidance section, where the electronics and software that guide a missile to its target are housed.
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