RTX Corp. announced a $1.25 billion contract for its joint venture to supply Israel with Tamir surface-to-air missiles. A new facility in Arkansas, with a $33 million investment, will support the Israel Missile Defense Organization. The site will produce Tamir missiles for the Iron Dome Weapon System and the U.S. variant, SkyHunter. RTX shares were trading at $172.82 in pre-market activity, up 0.44% on the NYSE.

Read more at Nasdaq: Raytheon-Rafael JV Bags $1.25 Bln Tamir Surface-to-air Missiles Supply Contract