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RTX Books $1.15B Contract for US, Foreign Military Supply of Advanced Medium-Range Air-to-Air Missiles

The U.S. Air Force awarded RTX (NYSE: RTX) a $1.15 billion contract to supply the latest Advanced Medium-Range Air-to-Air Missile configuration to domestic and international defense customers.

The award covers AIM-120 D-3 and C-8 variants developed through the AMRAAM Form, Fit, Function Refresh program, RTX said Tuesday.

It marks the fifth production lot of the AMRAAM units and the largest such contract to date.

USAF, the U.S. Navy and 18 foreign military customers will receive the missile all-up-rounds with telemetry systems and spares. The FMS clients are Bahrain, Belgium, Bulgaria, Canada, Finland, Hungary, Italy, Japan, Netherlands, Norway, Qatar, Saudi Arabia, Singapore, South Korea, Spain, Switzerland, Ukraine and the United Kingdom.

The F3 program uses digital and model-based systems engineering technologies to upgrade software and hardware in the weapons, according to the company.

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