/C O R R E C T I O N -- Lyntris/
The qualification gives Lyntris an in-house production capability for a radar component historically associated with long supplier lead times.
Rhea-AI Summary
Lyntris (LYNX) announced on September 24, 2026, that it had qualified a wedgelock assembly for Raytheon’s SPY-6 naval radar family. The qualification followed nearly two years of collaboration with Raytheon and enables Lyntris to bring production of the assembly in-house. Wedgelocks secure electronics inside the radar array chassis and help move heat away from high-power components.
Lyntris was qualified as a scalable source capable of supporting long-term program requirements. Its production will draw on manufacturing capabilities already used for fielded radar and electronic warfare programs. This corrected announcement revises the subheadline and text in three body paragraphs.
Positive
- None.
Negative
- None.
Details
News Market Reaction – LYNX
On Sep 24, the day this news came out, LYNX closed 0.23% below the previous close.
Data tracked by StockTitan Argus for the Sep 24 session.
Key Figures
- Qualification effort
- Nearly two years
- Lyntris-Raytheon SPY-6 assembly qualification
Key Terms
wedgelock assembly technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
In the news release, Lyntris Qualifies Critical SPY-6 Radar Assembly, Strengthening the Supply Chain for Advanced Naval Radar, issued 24-Sep-2026 by Lyntris over PR Newswire, we are advised by the company that changes have been made. The complete, corrected release follows, with additional details at the end:
Lyntris Qualifies Critical SPY-6 Radar Assembly, Strengthening the Supply Chain for Advanced Naval Radar
Two-year qualification effort with Raytheon brings wedgelock assembly in-house, boosting resiliency for the Navy's newest shipboard radar family.
SPY-6 is the radar family that the
The qualification is the result of a nearly two-year collaboration between Lyntris and Raytheon to strengthen supply chain resilience for this mission-critical hardware. Throughout the effort, the companies worked together to establish manufacturing processes, validate performance and qualify Lyntris as a scalable source capable of supporting long-term program requirements.
Wedgelock assemblies secure electronic components inside the thermally managed SPY-6 array chassis, protecting the electronics and helping transfer heat away from high-power components to ensure reliability in demanding maritime environments. Their production requires precise machining, controlled assembly and steady access to specific raw materials - factors that have historically led to long lead times across the supplier base.
Bringing the assembly in-house draws on manufacturing capability Lyntris already runs for fielded radar and electronic warfare programs, where precision machining, electronics packaging, and thermal hardware sit under the same roof. The same machining and process-control base apply to other long-lead components in radar and sensing programs that may face supply chain constraints.
"Supply-chain resilience is built one critical component at a time," said Brian Morrison, CEO at Lyntris. "This qualification reflects nearly two years of disciplined work with Raytheon and targeted investment by Lyntris to establish a reliable source for hardware essential to SPY-6 array electronics. It strengthens an important naval sensing capability while expanding the manufacturing platform we can apply across other radar and electronic systems."
"This effort demonstrates the value of early collaboration between customers and their critical suppliers," said Matt Parisi, VP of Business Development at Lyntris. "By understanding the operational environment, investing in the right equipment and materials, and working through qualification together, we have converted a historically long-lead component into a capability that Lyntris can control and scale. That is exactly how we intend to help our customers accelerate delivery of critical systems to the warfighter."
The milestone is another example of Lyntris' organic growth strategy: making customer-informed investments in differentiated technologies and manufacturing capabilities that strengthen domestic defense supply chains, support production at scale and increase the company's contribution to enduring defense platforms.
About Lyntris
Lyntris is a defense technology company delivering sense-to-act connectivity solutions for the modern, connected battlespace. Combining differentiated hardware, software and mission expertise, Lyntris helps customers detect threats earlier, decide faster and act with precision in contested, multi-domain environments.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "expect," "believe," "anticipate," "may," "could," "intend," "plan," "estimate," "target," "predict," "project," "will," "should," "forecast," "outlook" or similar expressions, or by discussion of strategies, plans or intentions.
Forward-looking statements in this press release include, but are not limited to, statements regarding: the timing and volume of wedgelock assembly production; the projected timing of the SPY-6 production ramp; Lyntris' ability to scale production to meet SPY-6 program requirements; the anticipated performance and reliability of qualified hardware; the continuation and expansion of Lyntris' relationship with Raytheon; the application of Lyntris' manufacturing capabilities to other radar, sensing and mission electronics programs; Lyntris' organic growth strategy and expectations regarding future investment in manufacturing capabilities; and the potential for expanded business opportunities.
These statements are based on current expectations, estimates, assumptions and projections of Lyntris' management and are neither predictions nor guarantees of future events, circumstances or performance. Forward-looking statements are inherently subject to known and unknown risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed or implied by such statements. Important factors that could cause actual results to differ materially from those discussed in the forward-looking statements include, without limitation: qualification as a production source does not guarantee any particular volume or timing of orders; Lyntris' dependence on U.S. government defense budgets, appropriations and naval shipbuilding programs; changes in SPY-6 program requirements, demand, schedule or production rates; Lyntris' dependence on its relationship with Raytheon for orders under this qualification; the ability to maintain qualification and quality standards across production volumes; risks associated with performance on fixed-price or cost-type government contracts; the competitive environment for precision machining and electronics packaging; availability, cost and lead time of specialized raw materials and components; Lyntris' ability to scale production to meet customer demand; our ability to protect and enforce proprietary technology and intellectual property rights; the inherent uncertainties in complex defense programs, including potential schedule delays, technical challenges or cost overruns; changes in applicable laws, regulations or government procurement policies; and other factors described under "Risk Factors" in Lyntris' filings with the Securities and Exchange Commission, including its registration statement on Form S-1, as amended, copies of which are available free of charge at the SEC's website at www.sec.gov under Lyntris Inc.
The forward-looking statements included in this announcement are only made as of the date of this announcement. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements and you should not place undue reliance on our forward-looking statements. We undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable law.
Nothing in this press release, including use or display of third parties' trademarks, service marks, trade name or products, should be construed as an approval, endorsement, guarantee or sponsorship by any third parties of Lyntris Inc., its products, business or financial performance or any aspect of this press release.
Correction: The amended version of this release includes a revised subheadline, and text changes in the third, fourth, and fifth paragraphs.
View original content to download multimedia:https://www.prnewswire.com/news-releases/lyntris-qualifies-critical-spy-6-radar-assembly-strengthening-the-supply-chain-for-advanced-naval-radar-302888975.html
SOURCE Lyntris
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Lyntris qualify for Raytheon’s SPY-6 radar?
Lyntris qualified a wedgelock assembly that secures electronics inside the SPY-6 radar array chassis. The assembly also helps transfer heat away from high-power components.
How did Lyntris and Raytheon qualify the SPY-6 assembly?
Over nearly two years, Lyntris and Raytheon worked together to establish manufacturing processes and validate performance. The effort qualified Lyntris as a scalable source capable of supporting long-term program requirements.