Raytheon, Northrop Grumman to Continue Developing Hypersonic Weapons for U.S.
July 17 2023 - 5:11PM
Dow Jones News
By Ben Glickman
Raytheon Technologies said on Monday that they, along with
Northrop Grumman, had received a contract to further develop
hypersonic weapons.
The two companies said they received a follow-on contract from
the Defense Advanced Research Projects Agency, a part of the U.S.
Department of Defense, to continue to test Hypersonic Air-breathing
Weapon Concept flight vehicles, a tactical missile system. The two
companies have worked together since 2013, and in 2019 agreed to
combine Northrop Grumman's scramjet engines with Raytheon's
air-breathing hypersonic weapons.
The two companies will make manufacturing improvements to the
existing HAWC design and test the system. The companies said a team
led by Raytheon would build and fly the missiles.
Raytheon said Monday it was changing its name to RTX and would
begin trading under the new name July 26.
Write to Ben Glickman at ben.glickman@wsj.com
(END) Dow Jones Newswires
July 17, 2023 16:56 ET (20:56 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
Northrop Grumman (NYSE:NOC)
Historical Stock Chart
From Apr 2024 to May 2024
Northrop Grumman (NYSE:NOC)
Historical Stock Chart
From May 2023 to May 2024