LMT
RTX
New hardware, same defense gravy train
RTX’s Raytheon business says the Javelin Joint Venture has delivered the first Lightweight Command Launch Units to the U.S. Army. Translation: the program is moving from “on the drawing board” territory into actual shipments, which is exactly where defense contractors like to be.
Why investors should care
The company also said continued investment will lift annual production, and that’s the kind of line Wall Street tends to perk up at. More output usually means better visibility on future sales, especially when the customer is the U.S. Army and the product sits inside a long-running weapons ecosystem rather than some one-off gadget.
The partner story
This isn’t a solo act. The Javelin Joint Venture is a partnership between:
- Raytheon, an RTX business
- Lockheed Martin
That matters because defense programs often live or die by execution: can you build enough, fast enough, without the whole thing turning into a procurement sitcom? Here, the answer appears to be “yes, and more of it.”
Big picture
Defense demand has been sticky, and supply-chain-heavy programs that actually start shipping are where the story turns from PowerPoint to P&L. For RTX, this looks like another incremental win — not flashy, but very much the kind of thing that can keep the revenue machine humming.