WASHINGTON (dpa-AFX) - Raytheon (RTX), an RTX business, Tuesday announced that the company has been awarded a contract from the Air Force Research Laboratory to develop a domestic production capability for thin film lithium niobate or TFLN wafers.
Under the contract, Raytheon's Advanced Technology team will leverage its expertise in ion slicing to assist US-based company G&H in developing the process for manufacturing high-quality TFLN wafers.
Once the process is established, production will transition to G&H in early 2026, which will manufacture the TFLN wafers at low-rate initial production, the company noted.
In the pre-market hours, RTX is trading at $200.96, up 0.45 percent on the New York Stock Exchange.
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