List of Flash News about US Navy radar deal
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2025-06-09 13:01 |
Raytheon $RTX Secures $646 Million U.S. Navy Radar Contract: Implications for Defense Stocks and Crypto Market
According to @StockMKTNewz, Raytheon ($RTX) has been awarded a $646 million contract to continue producing AN/SPY-6(V) radars for the U.S. Navy, as reported on June 9, 2025 (source: https://twitter.com/StockMKTNewz/status/1932060494463913997). This substantial government contract could drive short-term momentum in $RTX shares and boost the broader defense sector. Increased defense spending typically signals risk-off sentiment, which may influence capital flows from equities to safe-haven assets, including certain cryptocurrencies like Bitcoin. Traders should monitor defense stock movements and related crypto market reactions for potential trading opportunities. |