RTX Corp Wins $1.05 Billion U.S. Air Force Contract

Aug. 29, 2024, 9:07 PM UTC

RTX Corp. was awarded a U.S. Air Force contract valued at up to $1.05 billion.

Following is the text from the Defense Department announcement:

Raytheon Co. was awarded a not-to-exceed $1.04 billion fixed-price-incentive (firm-target), undefinitized contract for Group B hardware, spares, and support equipment. This contract provides for the F-22 sensor enhancements program that is designed to improve the F-22 sensor capabilities. Work will be performed in McKinney, Texas, and is expected to be completed by May 8, 2029.

Click here for the DOD Announcement Website.

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