Raytheon wins $1.2B contract from Germany for more Patriot missiles (NYSE:RTX)

German bundeswehr MIM-104 Patriot air defense surface-to-air missile system on a MAN truck at berlin germany august 2023

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  • Raytheon Technologies, a unit of RTX (NYSE:RTX), on Thursday said it was awarded a $1.2 billion contract to supply Germany with additional Patriot air and missile defense systems.
  • The Patriot order is the second one for Germany this year.
  • The