RTX’s Raytheon awarded $1.8 billion hardware production and sustainment contract for SPY-6 family of radars
Production continues to ramp for U.S. Navy’s most advanced maritime radar
ANDOVER, Mass., July 21, 2026 /PRNewswire/ — Raytheon, a business unit of RTX (NYSE: RTX), has secured a $1.8 billion extension of its contract for the SPY-6 radar system, essential for the U.S. Navy’s operational needs. This contract represents a continuation of the hardware production and sustainment agreement first established in March 2022. If all options within the contract are exercised, the cumulative value could rise to $3.3 billion.
Barbara Borgonovi, president of Naval Power at Raytheon, stated, “This contract extension reflects the Navy’s confidence in our ability to deliver advanced, reliable, and scalable radar solutions. Our continued investment and commitment to ramping production will ensure the fleet has the sensing advantage to stay ahead of evolving threats for decades to come.”
Currently, the SPY-6 radar is deployed on two U.S. Navy ships, with installation on 11 others in various testing phases. Over the next decade, it is anticipated that SPY-6 will be fitted on over 50 U.S. Navy ships, enhancing the fleet’s detection capabilities and multi-mission readiness against emerging threats.
The SPY-6 family of radars, developed by Raytheon, draws from over a decade of design, testing, and manufacturing expertise, and has proven its efficacy through successful operational performance. The company has committed more than $800 million to upgrade its radar manufacturing facilities, significantly increasing production capacity. These enhancements position Raytheon to potentially double the output of SPY-6 by 2028, promoting long-term availability and cost-effectiveness for the Navy.
To support this critical program, Raytheon is expanding its engineering workforce in Andover. The firm is actively seeking talented individuals, experienced professionals, and veterans. Interested candidates can find more information and apply for open positions on the Raytheon careers website.
About Raytheon
Raytheon, part of RTX, stands as a premier provider of defense solutions aimed at aiding the U.S. government and its allies in defending national sovereignty and security. With over a century of experience, Raytheon develops cutting-edge technologies and enhances existing capabilities across a wide range of fields, including integrated air and missile defense, smart weapons, advanced sensors, and radar systems.
About RTX
RTX employs over 180,000 individuals globally, driving innovation in technology and science to redefine connectivity and protection worldwide. With leading industry capabilities, the company excels in advancing aviation, creating integrated defense systems, and developing next-generation technologies to tackle critical challenges faced by global customers. RTX is headquartered in Arlington, Virginia, and projects sales exceeding $88 billion by 2025.
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SOURCE RTX
Source: RTX (Raytheon) (2026-07-21 12:00:00)
