Raytheon, a unit of RTX Corp. RTX, has expanded its partnership with Avio USA to accelerate development of the Mk 104 dual-thrust rocket motor, a critical component of the company's Standard Missile program. The two firms executed a purchase order worth up to $26 million to fund engineering and production work.The order, which comes just over a year after the initial contract, will cover Critical Design Review milestones, acquisition of long-lead materials, and boost manufacturing capacity for solid rocket ...

Accessibility StatementSkip Navigation New funding will support accelerated production capacity for critical solid rocket motors ARLINGTON, Va., Sept. 24, 2025 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, and Avio USA have executed a purchase order for funding of up to $26 million for continued engineering work on the Mk 104 dual-thrust rocket motor to support Raytheon's Standard Missile franchise. The purchase order comes 13 months after the businesses signed a contract for preliminary engineerin ...