RTX's Raytheon Awarded $511.5 Million Navy Radar Contract Modification

MT newswire2026/09/30 22:01

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06:01 PM EDT, 09/30/2026 (MT Newswires) -- RTX (RTX) unit Raytheon was awarded a $511.5 million fixed-price incentive, firm-fixed-price and cost-only modification to a Navy contract to exercise options and purchase spares for hardware production of the AN/SPY-6(V) family of radars and associated hardware, the US Department of Defense said Wednesday. The contract is expected to be completed by November 2031.

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RTX's Raytheon Awarded $511.5 Million Navy Radar Contract Modification

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