According to StockMKTNewz, Raytheon (RTX) has secured a $1.1 billion contract with the US Navy to supply additional short-range missiles, as reported by Reuters. This significant defense contract is expected to bolster RTX's revenue outlook and may influence defense sector stocks positively. For crypto traders, increased government defense spending often signals increased liquidity in traditional markets, which can translate to renewed investor risk appetite in digital assets, particularly in defense-related tokens and security-focused blockchain projects. Source: StockMKTNewz on Twitter, Reuters.