By Josh Beckerman

 

Sidus Space Inc. shares rose 81% to $2.61 as the company said it will be a major subcontractor for the National Aeronautics and Space Administration's Exploration Extravehicular Activity services contract.

Sidus is part of the Collins Aerospace team. Collins is a unit of Raytheon Technologies Corp.

NASA said on June 1 that the contract focused on spacesuits and spacewalk systems, awarded to Axiom Space Inc. and Collins, could be worth $3.5 billion over 12 years.

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

June 15, 2022 13:55 ET (17:55 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.
RTX (NYSE:RTX)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more RTX Charts.
RTX (NYSE:RTX)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more RTX Charts.