RTX's Collins Aerospace Unit Secures $249.7M U.S. Navy Contract
Collins Aerospace, a division of RTX (RTX), has secured an Indefinite-Delivery/Indefinite-Quantity (IDIQ) contract worth up to $249.7 million from the U.S. Navy. The agreement involves providing GPS-based range instrumentation and training systems along with technical support services. The contract also includes sustainment and modernization of existing equipment, aiming to address obsolescence issues while enhancing system performance and functionality. This win reflects Collins Aerospace's continued role in supporting critical defense infrastructure through advanced technology solutions.
Tickers: $RTX