Raytheon Technologies Shares Dip 0.48% Amid $50B+ Defense Deals as $690M Daily Volume Ranks 190th

On August 1, 2025, Raytheon Technologies (RTX) closed with a 0.48% decline, trading at a daily volume of $0.69 billion, ranking 190th in market activity. The stock’s performance followed the announcement of two major defense-related contracts. The first involves a $50 billion umbrella agreement with the Defense Logistics Agency, spanning 20 years until July 31, 2045. The contract, awarded as a sole-source acquisition under U.S. Code 3204(a)(1), covers systems production, spare parts, and support services. Key beneficiaries include the Army, Defense Department, and Defense Logistics Agency, with funding sourced through varying fiscal years and appropriation types.

A separate $115.075 million contract modification was secured for F135 propulsion systems, supporting F-35 aircraft for the Air Force, Marine Corps, Navy, and international partners. Work will span multiple U.S. locations and overseas sites, with completion slated for February 2028. The modification includes $1.8 million in Navy procurement funds, $38.125 million from Marine Corps aircraft funding, and $44.15 million in foreign military sales, underscoring the company’s role in sustaining defense infrastructure.

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