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Raytheon Receives $624.6 Million Stinger Missile Deal To Help Replenish Stockpiles

Raytheon Receives $624.6 Million Stinger Missile Deal To Help Replenish Stockpiles
Sgt. Zane Pettibone and Spc. Svenson Albert, a Stinger Man-Portable Air Defense System (MANPADS) team with 1st Battalion, 16th Infantry Regiment, 1st Armored Brigade Combat Team, 1st Infantry Division, prepare to fire, as part of the multinational live-fire training exercise Shabla 19, June 11, 2019. (U.S. Army photo by Sgt. Thomas Mort)

The Army on Friday awarded Raytheon Technologies [RTX] a $624.6 million deal for procurement of Stinger anti-aircraft missiles, which will go toward replenishing stockpiles after sending shipments of the weapon to aid Ukraine in its fight against Russia’s ongoing invasion. This is the first production order Raytheon has received for the Stinger system since 2005, as the Pentagon works to activate production lines for critical munitions the U.S. has been providing to Ukraine. The Pentagon noted work on the new…

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