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flag Raytheon wins $1.1B Navy contract to boost production of AIM-9X missiles to 2,500 annually.

flag Raytheon, a subsidiary of RTX, has been awarded a $1.1 billion contract by the U.S. Navy to produce AIM-9X Block II missiles, increasing production to 2,500 missiles per year. flag This advanced infrared-tracking missile is used by over 30 allied nations. flag The contract, which includes support equipment and spare parts, is expected to be completed by October 2028. flag This move comes amid rising global tensions and a push to enhance military capabilities.

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