RTX's Raytheon awarded $646 million hardware production and sustainment contract for SPY-6 family of radars

Rhea-AI Summary

RTX's Raytheon business has secured a $646 million contract to continue production of AN/SPY-6(V) radars for the U.S. Navy. This represents the fourth option exercised from a March 2022 contract valued at up to $3 billion over five years. The contract includes the delivery of four additional radars, bringing the total procurement to 42 units. The SPY-6 radar system, produced at Raytheon's 30,000-square foot Radar Development Facility in Andover, Massachusetts, provides enhanced detection capabilities for the Navy. The work under this contract will continue through 2028 at the Andover facility, which is recognized as one of the world's most advanced radar production sites.

Positive

• Secured significant $646 million contract for radar production
• Part of larger $3 billion contract potential over five years
• Increasing total radar procurement to 42 units, showing strong demand
• Production at advanced Andover facility demonstrates manufacturing capabilities

Negative

• None.

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Production continues for U.S. Navy's most advanced maritime radar

ANDOVER, Mass., June 9, 2025 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, was awarded a $646 million contract to continue producing AN/SPY-6(V) radars for the U.S. Navy. This is the fourth option exercised from the March 2022 hardware, production and sustainment contract that is valued up to $3 billion over five years.

Under this contract, the U.S. Navy will receive four additional radars, increasing the total amount of radars under contract for procurement to 42.

"SPY-6 enables the U.S. Navy to see further than they've ever seen before, providing sailors with more time to respond to detected threats," said Barbara Borgonovi, president of Naval Power at Raytheon. "This latest contract builds on our decades of experience and technical expertise in developing modular, scalable, and highly maintainable radars."

SPY-6 is one of several radar programs designed and manufactured at Raytheon's Radar Development Facility in Andover, Massachusetts, a 30,000-square foot site supporting the production of diverse types of radars for U.S. and allied forces. This vertically integrated and highly automated site is one of the most advanced in the world, with sophisticated radar testing and integration happening around the clock.

Majority of the work under this contract will take place at the Andover facility through 2028.

About Raytheon 
Raytheon, an RTX business, is a leading provider of defense solutions to help the U.S. government, our allies and partners defend their national sovereignty and ensure their security. For more than 100 years, Raytheon has developed new technologies and enhanced existing capabilities in integrated air and missile defense, smart weapons, missiles, advanced sensors and radars, interceptors, space-based systems, hypersonics and missile defense across land, air, sea and space. 

About RTX
RTX is the world's largest aerospace and defense company. With more than 185,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. Through industry-leading businesses – Collins Aerospace, Pratt & Whitney and Raytheon – we are advancing aviation, engineering integrated defense systems for operational success, and developing next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2024 sales of more than $80 billion, is headquartered in Arlington, Virginia.

For questions or to schedule an interview, please contact corporatepr@rtx.com.

 

View original content:https://www.prnewswire.com/news-releases/rtxs-raytheon-awarded-646-million-hardware-production-and-sustainment-contract-for-spy-6-family-of-radars-302476250.html

SOURCE RTX

FAQ

What is the value of RTX's new SPY-6 radar contract with the U.S. Navy?

RTX's Raytheon was awarded a $646 million contract for the production of AN/SPY-6(V) radars for the U.S. Navy

How many SPY-6 radars will RTX deliver under this new contract?

Under this contract, RTX will deliver four additional SPY-6 radars to the U.S. Navy

What is the total number of SPY-6 radars under contract for the U.S. Navy?

The total number of SPY-6 radars under contract for procurement has increased to 42 units

Where are RTX's SPY-6 radars manufactured?

The SPY-6 radars are manufactured at Raytheon's Radar Development Facility in Andover, Massachusetts

When will RTX complete the work under this SPY-6 radar contract?

The work under this contract will take place through 2028 at the Andover facility