Stocks in Action USA: RTX, Argenx, and Serve Robotics.
Reading Time: 4 minutes
RTX (RTX): $22.9 Billion Major Contract for Tomahawks Drives Next Growth Surge! RTX has received a seven-year contract from the U.S. Department of Defense worth $22.9 billion to significantly ramp up production of Tomahawk cruise missiles – a strategically important contract during a phase of rising defense spending and strained inventories. The company aims to increase production to over 1,000 Tomahawks per year, for which it plans to invest approximately $3.1 billion in facilities, technology, personnel, and supply chains by 2026. Already...
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