RTX Awarded Production Contract By German Armed Forces
(RTTNews) - RTX (RTX), through its Raytheon ELCAN optical systems business, has been awarded a production contract to supply a customised variant of Specter DR 1-4x weapon sight to the German Armed Forces. Raytheon ELCAN, in close coordination with Leonardo Germany, will deliver a bespoke configuration tailored specifically to German operational requirements.
"The German Armed Forces are undertaking a major enhancement of their soldier system capability, and we are providing a tailored optical solution that supports their evolving operational needs," said Chris Reimer, Raytheon ELCAN Business Development & Strategy Manager.
In pre-market trading on NYSE, RTX shares are up 0.08 percent to $198.62.
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.