RTX debuts AIM-424 Malice missile, extending Navy air combat range

The U.S. Navy officially unveiled the AIM-424 Malice, a new ultra-long-range air-to-air missile.

Raytheon developed and manufactured the weapon with a stated range exceeding 463 kilometers.

Department of Defense photographs show the missile mounted on F/A-18E Super Hornet and F-35C Lightning II fighters.

The F-35C carries the AIM-424 in internal weapons bays to preserve low-observable stealth characteristics.

This advancement aims to maintain air superiority against peer adversaries through enhanced offensive capabilities.

The announcement impacts Raytheon (RTX) and its broader advanced munitions supply chain.

Defense investors are monitoring the development for its influence on ETFs including XAR, PPA, and ITA.