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RTX's Raytheon Awards Contract to Sener for Missile Production Support
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RTX's Raytheon Awards Contract to Sener for Missile Production Support
Apr 29, 2024 9:20 AM

12:06 PM EDT, 04/29/2024 (MT Newswires) -- RTX (RTX) said Monday its Raytheon business awarded Spanish supplier, Sener, a contract to develop and manufacture the electro-mechanical control section of the Patriot GEM-T missile.

RTX said Sener will help support the recently awarded GEM-T production contract by the NATO Support and Procurement Agency for up to 1,000 missiles for a coalition of nations, including Germany, the Netherlands, Romania and Spain.

Sener and Raytheon will co-develop the GEM-T missile control section component, which will then be produced at the former's site in Tres Cantos, Madrid, RTX said.

Price: 102.30, Change: +0.89, Percent Change: +0.87

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