RTX’s Raytheon awarded $590M contract from U.S. Navy

Raytheon, an RTX (RTX) business, has been awarded a $590M follow-on production contract from the U.S. Navy for the Next Generation Jammer Mid-Band system. NGJ-MB is a cooperative development and production program with the Royal Australian Air Force. The contract includes delivery of shipsets, support equipment, spares and non-recurring engineering support. Work under this contract will take place in McKinney, Texas; Forest, Mississippi; El Segundo, California; and Fort Wayne, Indiana through 2028.