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RAYTHEON TECHNOLOGIES CORPORATION

(RTX)
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Raytheon Business Awarded $495 Million USMC Contract

06/08/2021 | 01:49pm EDT

By Stephen Nakrosis

Raytheon Intelligence & Space said Tuesday it received a five-year, $495 million contract to provide logistics and repair services for all U.S. Marine Corps ground equipment.

The company said the contract will see it "deliver more than 10,000 repaired parts per year to sustain the Marines' combat and tactical ground equipment, ranging from armored vehicles to ground radars and communications systems."

The company also said the contract is an expansion of work it has supported for 17 years.

Raytheon Intelligence & Space is a Raytheon Technologies business.

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

06-08-21 1549ET

Stocks mentioned in the article
ChangeLast1st jan.
DJ INDUSTRIAL -0.28% 34838.16 Delayed Quote.14.14%
RAYTHEON TECHNOLOGIES CORPORATION -0.39% 86.61 Delayed Quote.21.59%
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Financials (USD)
Sales 2021 65 119 M - -
Net income 2021 4 576 M - -
Net Debt 2021 23 051 M - -
P/E ratio 2021 27,6x
Yield 2021 2,30%
Capitalization 130 B 130 B -
EV / Sales 2021 2,35x
EV / Sales 2022 2,15x
Nbr of Employees 181 000
Free-Float 88,5%
Chart RAYTHEON TECHNOLOGIES CORPORATION
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Raytheon Technologies Corporation Technical Analysis Chart | RTX | US75513E1010 | MarketScreener
Technical analysis trends RAYTHEON TECHNOLOGIES CORPORATION
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 22
Last Close Price 86,95 $
Average target price 100,22 $
Spread / Average Target 15,3%
EPS Revisions
Managers and Directors
Gregory J. Hayes Chairman, President & Chief Executive Officer
Neil G. Mitchill Chief Financial Officer
Mark E. Russell Head-Technology & Global Engineering
Paolo C. Dal Cin Head-Operations & Supply Chain
Tracy A. Atkinson Independent Director
Sector and Competitors