RTX secures $325M Air Force contract modification

Raytheon Co., an RTX (NYSE:RTX) enterprise, Friday mentioned that it has secured a $325 million ceiling improve modification to beforehand awarded contract FA8672-19-D-0001 for the StormBreaker® Small Diameter Bomb Increment II. The modification brings the entire cumulative face worth of the contract from $275 million to $600 million. The challenge work might be carried out in Tucson, Arizona, and is predicted to be accomplished by Dec. 31, 2026. The Air Power Life Cycle Administration Heart, Eglin Air Power Base, Florida, is the contracting exercise.