RTX to Invest $100 Million in Rhode Island Raytheon Facility

RTX Corporation (NYSE:RTX) announced a $100 million investment in its Raytheon facility in Rhode Island to meet growing demand for air and missile defense systems. The expansion will support testing of the Lower Tier Air and Missile Defense Sensor (LTAMDS), as well as production of Patriot GEM-T missiles, while creating 150 new high-tech jobs.

By Sultan Khalid Tue, June 16, 2026 at 5:05 AM GMT+3 2 min read · Yahoo Finance · June 16, 2026, 02:05 UTC

Tickers: $RTX

Topics: aerospace defense employment investments

Read the full article at Yahoo Finance

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