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Raytheon Awarded $273M to Expand Navy Radar Support

Raytheon Technologies (NYSE: RTX) has secured a $273.4 million contract modification to expand its support services for a new U.S. Navy radar system being produced to help the military service detect adversarial aircraft and missile threats.

The company will provide laboratory generator support for the Navy’s Air and Missile Defense Radar and help the branch produce and integrate the Enterprise Air Surveillance Radar, the Department of Defense said Wednesday.

Naval Sea Systems Command will obligate $50.9 million at the time of award from Navy operation and maintenance and shipbuilding funds.

In August, Raytheon’s missiles and defense business completed a test series to demonstrate the performance of SPY-6(V)2 and SPY-6(V)3 sensors, two EASR variants that belong to the SPY-6 family.

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