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Raytheon Signs Radar Subcontract with Boeing

Raytheon (NYSE: RTN) signed a deal from Boeing (NYSE: BA) to produce APG-63(V)3 Active Electronically Scanned Array radars.

According to the firm, “the U.S. Air Force and the U.S. Air National Guard will receive radars from the contract and deliveries will begin in the second quarter of 2011. The radars are intended to enhance the performance of deployed F-15C aircraft and will replace the current mechanically scanned radar systems.”

The APG-63(V)3 increases aircrews’ ability to locate and track targets at a greater range than with existing systems.

“Our APG-63(V)3 AESA radars offer significant reliability and maintainability benefits, resulting in lower life-cycle costs, ” said Steve Schwarzkopf, F-15 program director, Tactical Airborne Systems. “These systems are designed to give pilots the ultimate operational advantage and bring them home safely.”

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