TUCSON,
Ariz., May 27, 2022 /PRNewswire/ -- Raytheon
Missiles & Defense, a Raytheon Technologies (NYSE: RTX)
business, was awarded a $624 million
U.S. Army contract to produce 1,300 Stinger® missiles. The contract
includes provisions for engineering support, as well as the test
equipment and support needed to address obsolescence, modernize key
components, and accelerate production.
"We're aligned with the U.S. Army on a plan that ensures we
fulfill our current foreign military sale order, while replenishing
Stingers provided to Ukraine and
accelerating production," said Wes
Kremer, president of Raytheon Missiles & Defense. "The
funding will be used to enhance Stinger's producibility in an
effort to meet the urgent need for replenishment."
The combat-proven Stinger missile is a lightweight,
self-contained air defense system that can be rapidly deployed by
ground troops. Its supersonic speed, agility and highly accurate
guidance and control system give the weapon an operational edge
against cruise missiles and all classes of aircraft.
The contract is being funded from the Ukraine Supplemental,
which contains emergency funding to support Ukrainian defense
forces. Raytheon Missiles & Defense continues to work closely
with the U.S. Army and its supplier partners to rapidly support the
growing demand for Stinger.
About Raytheon Technologies
Raytheon Technologies
Corporation is an aerospace and defense company that provides
advanced systems and services for commercial, military and
government customers worldwide. With four industry-leading
businesses ― Collins Aerospace, Pratt & Whitney, Raytheon
Intelligence & Space and Raytheon Missiles & Defense ― the
company delivers solutions that push the boundaries in avionics,
cybersecurity, directed energy, electric propulsion, hypersonics,
and quantum physics. The company, formed in 2020 through the
combination of Raytheon Company and the United Technologies
Corporation aerospace businesses, is headquartered in Waltham, Massachusetts.
Media Contact
Carolyn
Beaudry
rmdpr@rtx.com
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SOURCE Raytheon Technologies