09:56 AM EDT, 10/02/2024 (MT Newswires) -- RTX's (RTX) Raytheon unit said Wednesday that it won a three-year, two-phase contract from the US Department of Defense's Defense Advanced Research Projects Agency, or DARPA, to develop foundational ultra-wide bandgap semiconductors.
No financial terms were disclosed.
The company said contract work will be carried out at its foundry in Andover, Massachusetts, with the first phase to focus on the development of diamond and aluminum nitride semiconductor films and the second phase on optimizing and maturing the technology for sensor applications.
Price: 124.13, Change: -0.27, Percent Change: -0.21