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RTN Raytheon Co

116.96
0.00 (0.00%)
01 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Raytheon Co NYSE:RTN NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 116.96 0 01:00:00

Raytheon building additional SPY-6 radars for US Navy

20/12/2019 11:33pm

PR Newswire (US)


Raytheon (NYSE:RTN)
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TEWKSBURY, Mass., Dec. 20, 2019 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will build two additional shipsets of SPY-6 radars under a $250 million contract with the U.S. Navy. The company is now contracted to deliver a total of nine radar shipsets to DDG-51 Flight III destroyers.

Two SPY-6(V)1 radar arrays inside Raytheon’s Andover, Massachusetts radar development facility.

SPY-6 is a family of next generation, integrated air and missile defense radars that scale to meet the mission requirements of any ship.

"SPY-6 delivers significantly enhanced range and sensitivity [compared to legacy sensors], and gives geographically dispersed ships the ability to share – and act on – sensor data in ways never before possible," said Scott Spence, senior director of Naval Radar Systems at Raytheon. "This radar gives the Navy unprecedented operational flexibility to defend against ballistic and cruise missiles as well as advanced surface and air threats."

Since its inception in January 2014, the SPY-6 program has met all 20 milestones, ahead of or on schedule. The radar has  a track record of performance, demonstrating its multi-mission capabilities against an array of single and multiple, simultaneous targets throughout the Navy's extensive testing program.

Now in production at Raytheon's advanced Radar Development Facility, AN/SPY-6(V) remains on schedule for delivery to the first DDG 51 Flight III, the future USS Jack H Lucas (DDG 125). The first delivery of AN/SPY-6(V)2 to LHA-8, the America Class Amphibious Assault Ship, is on plan for 2021.

About Raytheon
Raytheon Company, with 2018 sales of $27 billion and 67,000 employees, is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. With a history of innovation spanning 97 years, Raytheon provides state-of-the-art electronics, mission systems integration, C5I® products and services, sensing, effects and mission support for customers in more than 80 countries. Raytheon is headquartered in Waltham, Massachusetts. Follow us on Twitter.

Media Contact
Ian Davis
+1.978.284.9579
idspr@raytheon.com

Raytheon logo (PRNewsfoto/Raytheon)

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SOURCE Raytheon Company

Copyright 2019 PR Newswire

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