Investment
Features
FeesSafety
Academy
More
Pluang+

Raytheon wins $729M contract to supply counter-drone systems to U.S. Army and allies.

Market News
13 Oct 2026
PRNewsWire
View Source
Bullish
Raytheon wins $729M contract to supply counter-drone systems to U.S. Army and allies.

Raytheon secured a $729 million contract to deliver components of the LIDS counter-drone system to the U.S. Army, Qatar, and Jordan. The system includes Raytheon's Ku-band Radio Frequency Sensor and Coyote effectors, designed to detect and defeat drones, including swarms, in combat. This marks the first international sale of these technologies. Raytheon is expanding production and upgrading the Coyote interceptor to improve speed, range, and launch times to meet growing global demand and evolving threats.

Raytheon Technologies Corp (RTX) shares are trading at USD 186.45 on Pluang as of Oct 13, 2026 19:12 WIB, showing a slight decrease of 0.11% over the past day. The company holds a substantial market capitalization of $251.57 billion, reflecting its significant presence in the industrial sector. Pluang investors currently favor buying RTX, with 91% of order activity leaning towards purchases.

More News (RTX)

banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App