RTX Joint Venture Wins Contract to Make Iron Dome Missiles in US
A missile is launched from the Iron Dome missile system in the city of Ashdod, Israel.
Photographer: Jack Guez/AFP/Getty ImagesRTX Corp. and Israeli defense firm Rafael have won a $1.25 billion contract to build surface-to-air missiles for Israel’s Iron Dome air-defense system at a new plant in Arkansas, the joint venture announced.
The deal marks the first production contract for the partnership at the new facility, based in Camden, in south central Arkansas. The two companies invested $33 million to build the facility, which opened earlier this month.