RTX Secures $145M Contract for PATRIOT Missile Defense System
"RTX Corporation recently secured a contract involving the Phased Array Tracking Radar to Intercept of Target (“PATRIOT”). Per the deal, the company will be accountable for providing depot operations, technical assistance and new equipment training for PATRIOT. The Army Contracting Command, Redstone Arsenal, AL, has awarded the deal. Valued at $145 million, the contract is scheduled to be completed by Nov 30, 2025. The work related to the deal will be carried out in Doha, Qatar. ..."
Reference: www.zacks.com .
