Monitor future task orders under this IDIQ to gauge actual revenue flow. The sole-source nature and long duration suggest stable, multi-year program revenue, but the tiny initial obligation means no material near-term impact.
Price Chart
Executive Summary
Raytheon Co., a subsidiary of RTX Corp, received an $8 billion maximum-ceiling IDIQ contract from the Air Force for strategic communications terminals modernization and production restart services. The contract runs through 2036, with only $800,000 initially obligated, making the near-term revenue impact minimal relative to RTX's $98.8 billion annualized revenue.
Key Financial Metrics
Key Facts
- Award ceiling of $8,000,000,000 for indefinite-delivery/indefinite-quantity contract
- Cost-plus-fixed-fee structure
- Sole-source acquisition by Air Force Nuclear Weapons Center
- Initial obligation of only $800,000 in fiscal 2026 RDT&E funds
- Performance period through Oct. 12, 2036
- Work locations: Marlborough, MA and Largo, FL
- Award represents ~8.1% of RTX's annualized revenue at ceiling, but initial funding is negligible
Financial Impact
Contract ceiling of $8 billion over 10 years; initial obligated amount is $800,000. At ceiling, this is ~8.1% of RTX's $98.8B annualized revenue, but actual near-term revenue is uncertain and likely small.
Risk Factors
- Funding risk: only $800K obligated initially; full $8B ceiling may not be reached
- Execution risk: cost-plus-fixed-fee contracts carry margin risk if costs overrun
- Political/sequestration risk: future defense budgets could reduce task order volumes
Investment Themes
Documents Analyzed
This report is based on 1 federal contract record from official U.S. government contract data.
| Document | Accession Number |
|---|---|
| GOVT-CONTRACT Data (Synthetic) | contract-FA229327DB001 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 5d ago | GOVT-CONTRACT | $191.01 | awaiting T+5 | — | $194.60 (+1.88%) |
Oct 21, 2026 6d ago | GOVT-CONTRACT | $194.71 | awaiting T+5 | — | $194.60 (−0.06%) |
Oct 20, 2026 7d ago | 8-K | $193.34 $196.76 | ▲ +1.77% | ▲ +1.74% | $194.60 (+0.65%) |
Oct 20, 2026 7d ago | Press Release | $193.34 $194.60 | ▲ +0.65% | ▲ +0.57% | $194.60 (+0.65%) |
Oct 16, 2026 10d ago | Institutional Cluster | $192.11 $197.48 | ▲ +2.80% | ▲ +2.94% | $194.60 (+1.30%) |
Oct 13, 2026 14d ago | GOVT-CONTRACT | $186.47 $191.60 | ▲ +2.75% | ▲ +2.30% | $194.60 (+4.36%) |
Oct 12, 2026 15d ago | Press Release | $186.66 $192.11 | ▲ +2.92% | ▲ +4.41% | $194.60 (+4.25%) |
Oct 1, 2026 26d ago | Press Release | $184.68 $185.97 | ▲ +0.70% | ▼ −0.46% | $194.60 (+5.37%) |
Sep 28, 2026 29d ago | Press Release | $186.94 $183.29 | ▼ −1.95% | ▼ −3.90% | $194.60 (+4.10%) |
Sep 28, 2026 29d ago | Court Ruling | $186.94 $183.29 | ▼ −1.95% | ▼ −3.90% | $194.60 (+4.10%) |
US Market Status
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