Arlington, Va. – November 03, 2026 -- Raytheon, an RTX business (NYSE: RTX), has won a phase one contract from the Defense Advanced Research Projects Agency (DARPA) to develop an all-optical processing system for the agency's Photonic Integrated Circuit Architectures for Scalable System Objectives (PICASSO) program. Financial terms were not disclosed.

LAS VEGAS – October 21, 2026 -- Collins Aerospace, an RTX (NYSE: RTX) business, will start upgrading its radio altimeters at its service centers in 2027, giving business aviation operators a route to meet new Federal Aviation Administration (FAA) operational standards without replacing existing systems.

Tucson – October 19, 2026 -- The U.S. Army has awarded the Javelin Joint Venture (JJV), a partnership between Raytheon, an RTX business, and Lockheed Martin, a $215 million production contract for the Lightweight Command Launch Unit (LWCLU), the next-generation launcher for the Javelin weapon system.

The LWCLU replaces the legacy command launch unit. The award follows by five months the JJV's delivery of the first LWCLUs to the Army.

Vancouver – October 14, 2026 -- The Nasdaq Composite dropped 449 points, or 1.65%, to 26,755.24 midweek, extending its weekly loss to 2.23% and leaving every major U.S. index in the red for the week.

Small caps show deepest stress as Russell 2000 RSI falls to 28.3

The Russell 2000 fell 1.70% and carries a Relative Strength Index of 28.3, a deeply oversold reading. The S&P 500 lost 1.10% on the day and 1.18% for the week. The Dow fell 0.29%.

Tucson – October 13, 2026 -- Raytheon, an RTX business, was awarded $729 million to deliver key components of the LIDS counter-drone system to the U.S. Army, Qatar and Jordan. The contracts include the first international sales of both the Ku-band Radio Frequency Sensor (KuRFS) and the Coyote effector.

LIDS contract covers fixed-site and mobile configurations

LIDS, the Low, slow, small, unmanned aircraft Integrated Defeat System, incorporates KuRFS and Coyote. The award includes a mix of fixed-site and mobile LIDS configurations.

New York – October 12, 2026 -- Raytheon, an RTX business, secured a contract worth up to $6.3 billion for Standard Missile-3 Block IB interceptors, as large-cap indexes closed last week near record levels while the Russell 2000 fell 0.91% to 2,806.98.

Tucson – – October 12, 2026 -- Raytheon, an RTX (NYSE: RTX) business, completed three developmental tests of its Coyote Block 2C+RM interceptor upgrades, taking the program from concept to testing in 15 months. The company funded the test events itself.

Raytheon funds upgrades for an urgent joint U.S. military counter-drone mission

The tests support a joint U.S. military mission to counter evolving drone threats. The Block 2C+RM upgrade builds on current Coyote variants, which have intercepted hundreds of drones in combat.

Portsmouth, R.I. – October 12, 2026 -- Raytheon, an RTX business, has won a contract from the Office of Naval Research (ONR) to develop software-driven target-detection upgrades for naval radar systems, with work running through 2031.

Raytheon targets longer range, higher sensitivity and better efficiency

Raytheon's Advanced Technology team will develop and evaluate advanced signal and data-processing algorithms. It will also integrate targeted software upgrades intended to extend detection range, increase sensitivity and improve radar-system efficiency.

Cincinnati – October 06, 2026 -- Pratt & Whitney has awarded Belcan, a Cognizant company, its Premier Award for 2025, marking the supplier's fourth such recognition in five years.

West Des Moines, Iowa – September 29, 2026 -- Collins Aerospace, an RTX business, will expand its West Des Moines manufacturing facility by 14,000 square feet in a multi-million-dollar investment to meet rising commercial and military aviation demand.

Facility ships more than 25,000 engine nozzles monthly

The site produces advanced fuel distribution systems, including original equipment components and spare parts, and operates as an FAA-certified Part 145 repair station for engine nozzle systems and powerplant accessories.