Raytheon Technologies has been awarded a $619 million contract to produce AN/SPY-6(V) radars for the US Navy. This contract is the second option exercised from the March 2022 hardware, production, and sustainment contract, which is valued up to $3 billion over five years.
The SPY-6 radars can defend against ballistic missiles, cruise missiles, hostile aircraft, and surface ships simultaneously, and provide significantly greater detection range, increased sensitivity, and more accurate discrimination than legacy radars.
The radars are being integrated into the US fleet, and this contract will enable them to be added to more ships, including the first of existing Flight IIA destroyers that will be modernized.
About Raytheon Technologies
Raytheon Technologies (NYSE: RTX) is the world’s largest aerospace and defense company. Our global team of 180,000 employees pushes the limits of known science and redefines how we connect and protect our world. We are advancing aviation, building smarter defense systems and creating innovations to take us deeper into space. The company, with 2022 sales of $67 billion, is headquartered in Arlington, Virginia.