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Raytheon Wins $106M for Aegis Radar Equipment; Denis Donohue Comments

Raytheon Co. (NYSE: RTN) has won a $106.4 million contract modification to produce radar equipment for the U.S. Navy’s Aegis system, the company announced Tuesday.

The company will provide the branch with the AN/SPY-1(D)V radar transmitter and the MK99 Mod 14 fire control system.

Denis Donohue, director of above water sensors, said the company has supported the Navy’s Aegis program for more than three decades.

Work will support the next planned ship of the Arleigh Burke-class of destroyers and the Aegis Ashore missile defense system.

The company will provide performance-based logistics support, spares and repair services for the weapons systems.

The Navy uses the AN/SPY-1 and the MK99 on cruisers and destroyers.

Japan, Spain and South Korea also use the systems on their destroyers.

In February, the company Raytheon won $106 million to produce two radar transmitter groups and one missile fire control system for the Navy’s Aegis system.

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