RTX and Lockheed Martin Joint Venture Wins $215M U.S. Army Contract for Upgraded Javelin Launchers

A joint venture between RTX (formerly Raytheon Technologies) and Lockheed Martin has been awarded a $215 million contract by the U.S. Army to produce upgraded launch units for the Javelin anti-tank missile system. The companies announced this on Monday, highlighting their continued collaboration in defense technology development. The contract is expected to support production of Lightweight Launch Units (LWLU), which are designed to enhance mobility and effectiveness for soldiers using the Javelin system. This award underscores ongoing U.S. military investment in modernizing its arsenal amid evolving global security challenges.

By Rob Williams, SA News Editor · Seeking Alpha ·

RTX and Lockheed Martin Joint Venture Wins $215M U.S. Army Contract for Upgraded Javelin Launchers

Tickers: $LMT $RTX

Topics: defense_contracts government_spending military

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