RTX's Raytheon Awarded $646M Contract by U.S. Navy
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7 Articles
Raytheon awarded $646 million hardware production and sustainment contract for SPY-6 radars
Under this contract, the U.S. Navy will receive four additional radars, increasing the total amount of radars under contract for procurement to 42. “SPY-6 enables the U.S. Navy to see further than they’ve ever seen before, providing sailors with more time to respond to detected threats,” said Barbara Borgonovi, president of Naval Power at Raytheon. “This latest contract builds on our decades of experience and technical expertise in developing mo…
RTX’s Raytheon awarded $646 million hardware production and sustainment contract for SPY-6 family of radars
From RTX, June 9, 2025 Production continues for U.S. Navy’s most advanced maritime radar ANDOVER, Mass., (June 9, 2025) — Raytheon, an RTX (NYSE: RTX) business, was awarded a $646 million contract to continue producing AN/SPY-6(V) radars for the U.S. Navy. This is the fourth option exercised from the March 2022 hardware, production and sustainment contract that is valued up to $3 billion over five years. Under this contract, the U.S. Navy will r…
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