RTX's Raytheon Secures $350 Million US Air Force Contract Modification

05:40 PM EDT, 10/22/2026 (MT Newswires) -- RTX's (RTX) Raytheon secured a $350 million contract modification from the US Air Force for Small Diameter Bomb II life cycle support, the US Department of Defense said in a late Thursday statement. Project work will be performed at the company's Tucson, Arizona, facility, and is expected to be completed by Dec. 31, 2030, according to a statement.