RTX’s Raytheon Defense Business Wins $729 Million in Contracts

RTX’s Raytheon defense business received $729 million in contracts to supply counter-drone systems to the U.S. Army, Qatar and Jordan, expanding the technologies’ use beyond the United States. The contracts mark the first international sales of two systems designed to detect and intercept unmanned aircraft. Qatar and Jordan are the first overseas customers for the technologies. The agreements expand Raytheon’s counter-drone business beyond the United States. The contracts cover deliveries to the U.S. Army as well as the two Middle Eastern countries. Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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