Rtx Corp RTX

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RTX Corporation is an aerospace and defense company, which provides advanced systems and services for commercial, military, and government customers worldwide. The Company operates through three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. Collins Aerospace segment provides technologically advanced aerospace and defense products and aftermarket service solutions for civil and military aircraft manufacturers, commercial airlines, and regional, business and general aviation, as well as for defense and commercial space operations. The Pratt & Whitney segment supplies aircraft engines for commercial, military, business jet, and general aviation customers. The Raytheon segment provides defensive and offensive threat detection, tracking and mitigation capabilities for the United States and foreign government and commercial customers. Raytheon designs, develops, and provides advanced capabilities in integrated air and missile defense, smart weapons, missiles and others.

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Post by Pucci1989on Dec 01, 2023 9:21am

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Post# 35763073

Pratt and Whitney bags $701.92 million Navy Contract Modific

RTX (NYSE:RTX) formerly called Raytheon Technologies and Pratt and Whitney unit received a not-to-exceed $701.92 million modification to a previously awarded cost-plus-incentive-fee, cost-plus-fixed-fee, cost reimbursable, fixed-price incentive contract.
This modification exercises options to provide continued recurring sustainment, program management, propulsion integration, engineering, material management, configuration management, software sustainment, security management, equipment management, product management support activities, and spare replenishments.
Additionally, this modification provides for continued joint technical data updates, training, and depot level maintenance and repair for all fielded propulsion systems at the F-35 production sites and operational locations for the Navy, Marine Corps, Air Force, non-U.S. Department of Defense partners, and Foreign Military Sales customers.
The work is expected to be completed in May 2024.
Naval Air Systems Command, Maryland is the contracting activity.