RTX Secures $50B 20-Year Defense Logistics Agency Contract

RTX Corp. has been awarded a historic 20-year umbrella contract valued at up to $50 billion by the U.S. Defense Logistics Agency to provide systems, end-item production, spare parts, services, and other support. The contract, a sole-source acquisition under 10 U.S. Code 3204, covers work both inside and outside the continental U.S. with a completion date set for July 31, 2045. Key users of the contract include the U.S. Army, Defense Logistics Agency, and Department of Defense, each responsible for funding their respective contract portions. RTX, a major aerospace and defense company formed from the merger of United Technologies and Raytheon, operates across segments such as Collins Aerospace, Pratt & Whitney, and Raytheon, offering a wide range of defense and commercial products. The company has demonstrated strong financial performance with $83.6 billion in revenue and 16.3% year-over-year growth, although some financial caution is noted with an Altman Z-Score of 2.38. This contract solidifies RTX's position as a critical defense supplier over the next two decades.