RTX Invests $100M in Raytheon Portsmouth
Analysis based on 10 articles · First reported Jun 08, 2026 · Last updated Jun 08, 2026
The investment by RTX Corporation in its RTX Corporation — Raytheon facility is expected to positively impact the defense sector by increasing production and testing capabilities for critical air and missile defense systems. This will likely lead to increased revenue and market share for RTX Corporation, while also strengthening the defense capabilities of the United States and Poland.
RTX Corporation, through its business RTX Corporation — Raytheon, is investing $100 million to expand its Portsmouth, United States — Rhode Island facility. This expansion aims to accelerate the testing of the Lower Tier Air and Missile Defense Sensor (LTAMDS) and increase the production of Patriot GEM-T subcomponents to meet global demand. The LTAMDS radar is designed to counter advanced threats like hypersonic weapons, and RTX Corporation — Raytheon has contracts with the United States and Poland for these systems. This investment follows a previous $53 million expansion in Andover, United States — Massachusetts State Police, and is expected to create 150 high-tech jobs in United States — Rhode Island.
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