RTX Secures a $647M Contract to Support AN/SPY-6(V) Family of Radars

Key Takeaways RTX unit Raytheon won a $646.5M contract for AN/SPY-6(V) radar hardware from the U.S. Navy. The radars offer longer range, higher sensitivity and multi-threat tracking across Navy ships. RTX benefits from rising defense spending and strong global demand for advanced military radars.RTX Corporation’s (RTX) business segment, Raytheon, recently secured a modification contract worth $646.5 million to exercise options for hardware production of the AN/SPY-6(V) family of radars. The award has been ...