# RTX's Raytheon missiles business got a $1.03 billion contract to build air and missile defense systems for the U.S. Army.

*aerospace · news · 2026-01-29 · MarketScreener*

## Key points

- Raytheon's missiles unit secured a $1.03 billion contract for U.S. Army defense systems.
- The work involves producing lower tier air and missile defense sensors.
- Completion of the contract is now scheduled for March 31, 2030.
- This contract extends a July 2024 award and adds two more years to the timeline.

**Companies:** RTX
**Countries:** United States

[Read the full story on MarketScreener](https://www.marketscreener.com/news/raytheon-gets-1-billion-army-contract-to-build-missile-defense-systems-ce7e5bdfde88ff2d)

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