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RTX's Raytheon, Forterra, Oshkosh Defense and Ursa Major conduct successful autonomous launcher demonstration for U.S. Army

1. Raytheon's DeepStrike launcher demonstrated successful live fire at Project Convergence. 2. The autonomous mobile launcher enhances Army's operational capabilities and mobility. 3. DeepStrike allows for various missile sizes improving weapon deployment efficiency. 4. The initiative aligns with Army's future requirements and operational success goals. 5. Ongoing tests will examine performance in challenging battlefield environments.

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Why Bullish?

The successful demonstration of the DeepStrike launcher may lead to increased orders from the U.S. Army, similar to previous defense contracts that positively impacted Raytheon's and RTX's stock price after successful product demonstrations.

How important is it?

The article discusses strategic advancements by Raytheon (an RTX subsidiary) in defense technology, which directly impacts RTX's business performance and market perception.

Why Long Term?

Continued development and potential contract awards for the DeepStrike technology set a promising trajectory for future revenue growth over the next few years.

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Live fire featured DeepStrike launcher at Project Convergence , /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, announced its DeepStrike™ autonomous mobile launcher vehicle, which does not require a driver, successfully completed a live fire demonstration at the U.S. Army's Project Convergence. Raytheon led the effort producing the precision missile and launcher, Forterra supplied the self-driving technology, Oshkosh Defense provided the vehicle platform and electronic systems, and Ursa Major manufactured the missile's rocket motor. "DeepStrike provides soldiers with a modern platform, autonomous capability and increased magazine depth to meet the Army's future fires requirements," said Brian Burton, vice president of Precision Fires & Maneuver at Raytheon. "At Project Convergence, Raytheon demonstrated revolutionary autonomous launcher technology: a self-driving launcher designed to operate seamlessly in all weather conditions, on all terrains, and in harsh battlefield environments." The demonstration used a new Raytheon-made missile, developed for the U.S. Army's Joint Reduced Range Rocket program, that was created via a rapid prototyping initiative. The DeepStrike launcher increases the amount of weapons compared to what is currently fielded. The launcher can fire missiles of various sizes, while providing the Army more mobility and survivability. Over the next year, the team will continue its autonomy testing to include both offensive and defensive fires in stressing environments. About Raytheon                                                                                                                          Raytheon, an RTX business, is a leading provider of defense solutions to help the U.S. government, our allies and partners defend their national sovereignty and ensure their security. For more than 100 years, Raytheon has developed new technologies and enhanced existing capabilities in integrated air and missile defense, smart weapons, missiles, advanced sensors and radars, interceptors, space-based systems, hypersonics and missile defense across land, air, sea and space. About RTX                                                                                                                                                                RTX is the world's largest aerospace and defense company. With more than 185,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. Through industry-leading businesses – Collins Aerospace, Pratt & Whitney and Raytheon – we are advancing aviation, engineering integrated defense systems for operational success, and developing next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2024 sales of more than $80 billion, is headquartered in Arlington, Virginia. For questions or to schedule an interview, please contact [email protected]. SOURCE RTX WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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