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MarketBeat
MarketBeat
Jeffrey Neal Johnson

RTX Is Set to Revolutionize Munitions Manufacturing

Modern warfare consumes munitions at a pace that has left the Western defense industrial base struggling to keep up. At the center of this challenge is a critical production bottleneck: the slow, inflexible, and costly manufacturing of traditional, single-use solid rocket motors (SRMs).

RTX Corp. (NYSE: RTX), through its Raytheon division, now looks poised to end this structural deficit. Following a Phase 2 contract award from the Defense Advanced Research Projects Agency (DARPA), RTX is pioneering a new era of adaptable, composable rocket motors.

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