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    Home»Stock News»Raytheon Awarded $515 Mln Contract For SPY-6 Family Of Radars From U.S. Navy
    SBET Quantitative Stock Analysis | Nasdaq
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    Raytheon Awarded $515 Mln Contract For SPY-6 Family Of Radars From U.S. Navy

    June 3, 20262 Mins Read
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    (RTTNews) – Raytheon, an RTX Corp. (RTX) business, announced Wednesday it has been awarded a $515 million contract from the U.S. Navy for the SPY-6 family of radars.

    The contract is a follow-on to the Integration and Production Support contract, which was awarded in June 2025, and includes upgrading Flight IIA destroyers with the SPY-6(V)4 variant.

    Under the sole source award, Raytheon will provide continued support for the SPY-6 family of radars to the U.S. Navy, including the government of Germany with the potential for other countries to be added under the Foreign Military Sales program.

    SPY-6 is now aboard two commissioned U.S. Navy ships and is installed on 11 others, all of which are undergoing various stages of testing.

    aistudios

    Over the next decade, SPY-6 is expected to be deployed on more than 50 U.S. Navy ships, enhancing defense against air, surface, ballistic and electronic warfare threats.

    SPY-6 is one of several radar programs designed and manufactured at Raytheon’s Radar Development Facility in Andover, Massachusetts.

    Raytheon is actively hiring engineers across multiple disciplines to support this critical program.

    The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



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