Raytheon Scores $5 Billion Coyote Missile Contract as Trump Pushes $1 Trillion Defense Budget - RTX (NYSE:RTX)

After Ukraine War Lessons, US Invests $5 Billion in Coyote Drones to Counter UAV Threats

The United States has announced plans to purchase Coyote interceptor drones worth more than $5 billion to strengthen its defenses against aerial and maritime drone threats, Defense Express reported on September 30. The agreement includes not only the drones themselves but also mobile and stationary launch systems as well as Ku-band radars. According to Defense Express, the contract with Raytheon is valued at $5.039 billion and is scheduled to ru…

Raytheon Scores $5 Billion Coyote Missile Contract as Trump Pushes $1 Trillion Defense Budget - RTX (NYSE:RTX)

The U.S. Department of Defense (DOD) has awarded Raytheon Co. (NYSE:RTX) a massive $5.04 billion contract for the Coyote Missile System. DOD Awards Coyote Missile Contract Under Trump's $1Trillion Budget On Monday, the DOD announced the contract, covering fixed and mobile launchers, kinetic and non-kinetic interceptors, as well as Ku-band radio frequency radar systems, reported Newsweek. The contract was granted after an online solicitation that…

Department of Defense spends $5 billion on missile system

The latest contract was awarded as part of a $850 billion defense budget.

Army awards Raytheon $5B Coyote Missile System contract

The Army has awarded Raytheon a $5 billion contract for the Coyote Missile System, which will buy launchers, kinetic and non-kinetic interceptors and Ku-band radio frequency system radars, according to a Monday Pentagon contract announcement. The cost-plus-fixed-fee contract has a completion date of Sept. 28, 2033, with “work locations and funding” to be determined with each order, according to the notice. The announcement of the Coyote contract…

Raytheon secures $5 billion U.S. Army deal to deliver Coyote counter-drone missile systems

The Coyote system is a small, rail-launched missile equipped with a boost rocket motor and turbine engine, enabling it to engage high-speed targets over extended ranges and altitudes. Designed to counter unmanned aircraft systems and support launched effects missions, the system has become a central element of the U.S. military’s counter-drone arsenal. Raytheon describes the Coyote effector as “combat-proven,” highlighting its versatility and af…