RTX Announces Developments in Naval Radar Technology, Counter-Drone Systems, and Expanded Maintenance Deal with Vietjet
Raytheon Technologies (RTX) announced three key developments on Monday across its Raytheon and Collins Aerospace divisions. The company received a contract from the U.S. Office of Naval Research to develop software upgrades for naval radar systems. Additionally, RTX is advancing counter-drone technology as part of ongoing efforts in defense innovation. In commercial aviation, RTX expanded its maintenance agreement with Vietjet Air (VJC), enhancing long-term support and services for the airline's fleet. These developments reflect strategic growth across both defense and aerospace sectors. The announcements underscore Raytheon Technologies' broad operational scope and continued investment in cutting-edge technologies to meet evolving military and commercial needs.
Tickers: $RTX
Topics: commercial aviation defense contracts naval technology R&D