Raytheon Technologies secures $290.7M Navy contract
Raytheon Technologies (NYSE:RTX) has been awarded a ~$290.7M cost-plus-incentive-fee, fixed-price incentive (firm target) contract. Company to provides material and support equipment for depot maintenance facilities, program administrative labor for non-recurring sustainment activities, mockup engines and modules for test cells, as well as supplies, services, and planning for depot activations in support of the F-35 Lightning II Program Lot 13 propulsion system for the Navy, Marine Corps, Air Force, non-Department of Defense participants and Foreign Military Sales customers.
Source: Raytheon Technologies secures $290.7M Navy contract (NYSE:RTX) | Seeking Alpha