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Raytheon successfully tests reusable training rocket for U.S. Army, boosting cost-efficiency and readiness.

Market News
09 Nov 2026, 15:00 WIB
PRNewsWire
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Bullish
Raytheon successfully tests reusable training rocket for U.S. Army, boosting cost-efficiency and readiness.

Raytheon demonstrated its DeepStrike JR3 training rocket in a successful flight test for the U.S. Army's Joint Reduced Range Rocket program. The rocket features a reusable launch pod and affordable design, aiming to replace the Army's current practice rockets while improving cost-efficiency and training effectiveness. The test showcased key attributes like range, accuracy, and pod reusability, with further tests planned to finalize qualification. This innovation supports the Army's growing training needs with a sustainable and modern solution.

Raytheon Technologies Corp (RTX) trades at USD 191.56 with a 1.07% gain as of Nov 09, 2026 19:51 WIB on Pluang. The company’s market cap stands at $255.76 billion, reflecting strong investor interest amid its recent successful test of the DeepStrike JR3 rocket for the U.S. Army’s training program. This progress aligns with RTX’s steady performance in the industrials sector, supported by a dividend yield of 1.54%.

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