|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||84.40 - 85.60|
|52 Week Range||84.40 - 1,238.68|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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Aerospace and defense giant Raytheon Technologies (NYSE: RTX) stock is down 1% in 2022. While that might not seem like anything to write home about, it's still more than a 14% outperformance versus the Dow Jones Industrial index, which is down by double digits this year.
The air-launched hypersonic cruise missile will be the first of its kind. The contract calls for the companies' Arizona teams to design, develop and deliver the missile by March 2027. Here's how the work will be split up.
Raytheon (RTX) is set to provide system design and development of the HACM weapon through model-based critical design review, qualification, integration, manufacturing and testing.