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RTX Wins $708.94M Contract for Bomb Production and Test Equipmen
Raytheon Technologies Corporation (RTX) has secured a significant contract valued at up to $708.94 million for the production of small diameter bomb increment II and associated test equipment. The project is expected to be completed by March 6, 2030, and includes foreign military sales to several countries. RTX, a major player in the Aerospace & Defense industry, demonstrates strong financial performance but faces considerations like its Altman Z-Score within the grey area and ongoing insider selling trends.