RTX announced that its Raytheon business won a $1.1 billion U.S. Navy contract to produce AIM-9X Block II missiles for the U.S. military and allied nations. Key Highlights 🛡️ $1.1B U.S. Navy contract 🌍 Supports U.S. and Foreign Military Sales (FMS) customers. 📈 RTX is expanding production capacity to 2,500 missiles annually to meet rising demand. 🤝 AIM-9X is used by the U.S. and 35+ allied nations. Why it matters: The award strengthens RTX's defense backlog and reinforces its position as a leading supplier of advanced missile systems amid rising global defense spending.