Tag: RTX

Pentagon

Pentagon Prepares ‘Naughty or Nice’ List to Hold Defense Contractors Accountable Amid Delays, Cost Overruns, and Growing Global Demand for Critical Weapons

The Asia Live News Service - February 12, 2026
The Pentagon, one of the world’s largest buyers and sellers of military hardware, is undertaking one of the most ambitious overhauls of its acquisition and arms transfer systems in decades. After years of false starts and reform pledges that yielded...
RIMPAC: AIM-7 Sparrow missile at Hickam Air Force Base

U.S. Department of Defense Awards Major Contract to RTX for AMRAAM Missile Production Supporting 21 Allied

The Asia Live News Service - May 8, 2025
The U.S. Department of Defense announced a $13.86 million contract modification awarded to Raytheon Co., reinforcing the global reliance on one of the most advanced air-to-air missile systems in modern combat: the AIM-120 Advanced Medium-Range Air-to-Air Missile (AMRAAM). This firm-fixed-price...