RTX (RTX) was awarded a $196.71M undefinitized change order modification to a previously awarded contract for the Global Positioning System Next Generation Operational Control System. The modification brings the total cumulative face value of the contract to $4.49B. Work will be performed in Aurora, Colorado, and is expected to be completed by Nov. 28, 2025. FY25 research, development, test and evaluation funds in the amount of $21M are being obligated at the time of award. The Space Systems Command is the contracting activity.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on RTX:
- RTX awarded $590.8M Navy contract
- RTX awarded $439.08M Navy contract modification
- The Stock of Defense Contractor RTX Corp. (RTX) Looks Undervalued at Current Levels
- RTX awarded $174.58M Navy contract
- RTX awarded $185.8M Navy delivery order
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.