Author: Naomi Cooper|| Date Published: October 16, 2023
RTX (NYSE: RTX) has secured a $156.2 million contract from the U.S. Army to provide spares, components and ground support equipment for the government of Romania’s Patriot missile defense system.
Army Contracting Command received one bid for the fixed-price-incentive contract via an online solicitation and obligated funds in fiscal 2024 foreign military sales budget at the time of award, the Department of Defense said Friday.
Work will occur in Andover, Maryland, and Romania and is expected to conclude by Oct. 13, 2027.
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