Hello, Guest!
  • Thursday, October 31, 2024
RTX logo/RTX

RTX Books $118M Army Contract to Update UAS Sensor Payload

RTX (NYSE: RTX), formerly Raytheon Technologies, has secured a potential $118 million contract from the U.S. Army to update a common sensor payload for MQ-1C Gray Eagle unmanned aircraft systems, Inside Defense reported Wednesday.

Dennis Teefy, project director for the Army’s sensors aerial intelligence, said the updated CSP system features a new camera with short-wave infrared capabilities to provide better resolution in low-light conditions.

The ā€œundefinitized contract actionā€ falls under a previously awarded indefinite-delivery/indefinite-quantity contract. In September 2019, the company was awarded $427.3 million to continue CSP development, production and sustainment services.

The Army expects to start deploying the General Atomics-built Gray Eagle drones with updated CSP systems by fiscal year 2027.

Video of the Day

Related Articles

RTX Books $344M Standard Missile Production Contract Contract Awards

RTX Books $344M Standard Missile Production Contract

Raytheon, a subsidiary of RTX (NYSE: RTX), has received a $344 million contract to build and deliver two Standard Missile variants with a common guidance section to U.S. and international military customers. The company said Thursday it will produce the SM-2 Block IIICU and SM-6 Block IU missiles on a common production line for the

RTX Posts 12% Sales Growth in Q1 2024; Chris Calio Quoted Financial Reports

RTX Posts 12% Sales Growth in Q1 2024; Chris Calio Quoted

RTX (NYSE: RTX) has reported first quarter 2024 sales of $19.3 billion, a 12 percent increase from the prior-year period, and posted GAAP earnings per share of $1.28, up 32 percent compared to the previous year. In an earnings statement published Tuesday, RTX said it recorded $1.3 billion in gross proceeds from the divestiture of

Scott Wood Named VP of Defense Programs at T-Rex; Leslie Hubbard-Darr Quoted Executive Moves

Scott Wood Named VP of Defense Programs at T-Rex; Leslie Hubbard-Darr Quoted

Scott Wood, formerly vice president of programs at Leonardo DRS (Nasdaq: DRS), has been named VP of defense programs at T-Rex Solutions, a provider of information technology modernization services to government agencies. He will manage the company’s growth strategy and oversee the delivery of IT products and services to the Department of Defense in his