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Defense company $RTN reported that it has been awarded a $92,069,954 cost-plus-incentive-fee contract by The US Navy for the engineering and manufacturing development of the Enterprise Air Surveillance Radar (EASR). EASR will consist of 2 configurations, Variant 1, a rotating phased array; and Variant 2, a 3-face fixed-phased array.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.