The U.S. Air Force placed a $4.3 billion order for JASSM and LRASM missiles from Lockheed Martin, and a $3.5 billion order for AMRAAM missiles from RTX. RTX is expected to earn more profit on its missiles. The contracts will provide a revenue boost of less than 1% for Lockheed and less than 0.7% for RTX.
Read more at Yahoo Finance: The U.S. Air Force Just Ordered $7.8 Billion in New Missiles, and These 2 Defense Contractors Will Profit
