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RTX's Raytheon awarded contract to further develop next-generation software-defined radar capability

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RTX (NYSE: RTX) business Raytheon received a contract from the Office of Naval Research to advance next-generation, software-defined naval radar capabilities.

The software enables independent control of radar building blocks for simultaneous multi-mission operation, improved spectrum sharing with 5G, and upgradeable performance via a flexible, modular architecture, with demonstrations planned before transition into operational systems.

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AI-generated analysis. Not financial advice.

Positive

  • Office of Naval Research awards Raytheon contract for advanced radar software
  • Software-defined apertures enable simultaneous multi-mission radar operation
  • Modular architecture allows performance upgrades through software instead of hardware redesign
  • Technology expected to transition into operational naval radar systems after validation

Negative

  • None.

Market Reality Check

Price: $171.18 Vol: Volume 6,692,523 is in li...
normal vol
$171.18 Last Close
Volume Volume 6,692,523 is in line with 20-day average of 6,330,610 (rel. 1.06x). normal
Technical Price 171.18 is trading below 200-day MA at 179.81, and 20.2% below 52-week high.

Peers on Argus

RTX fell 2.56% with volume near average, while key peers BA, LMT, GD, HWM and NO...

RTX fell 2.56% with volume near average, while key peers BA, LMT, GD, HWM and NOC also showed negative moves but did not trigger the momentum scanner together, suggesting today’s action is not classified as a coordinated sector rotation by the scanner.

Historical Context

5 past events · Latest: May 11 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
May 11 Facility investment Positive +1.4% Collins Aerospace investing $26.5M to expand Largo radar production facility.
May 11 Defense contract win Positive +1.4% Raytheon SeaRAM systems selected for Australia’s new frigate program.
May 8 Engine milestone Positive -0.4% Pratt & Whitney completes digital assembly readiness review for XA103 engine.
May 6 Large aircraft order Positive +2.2% AirAsia orders 150 A220 aircraft powered by Pratt & Whitney GTF engines.
May 6 Radar order Positive +2.2% Raytheon receives largest single order for 120 SharpSight radars from Blue Raven.
Pattern Detected

Recent RTX news on radar, engines, and large orders has generally been positive and often aligned with modestly positive next‑day price reactions, with only one recent divergence.

Recent Company History

Over the past few weeks, RTX has issued several positive updates across its Raytheon, Collins Aerospace and Pratt & Whitney businesses. On May 6, major AirAsia A220 orders using GTF engines and a large SharpSight radar order coincided with +2.24% price reactions. A May 11 Largo, Florida radar investment and SeaRAM contract also saw +1.43% moves. One NGAP engine milestone on May 8 drew a slight -0.39% reaction, showing that not all positive milestones lead to gains.

Regulatory & Risk Context

Active S-3 Shelf
Shelf Active
Active S-3 Shelf Registration 2025-09-18

RTX has an effective S-3ASR shelf registration filed on 2025-09-18, allowing it to offer various securities via future prospectus supplements; no usage has been recorded yet (usage count 0).

Market Pulse Summary

This announcement highlights Raytheon’s work on software-defined naval radar architectures that enab...
Analysis

This announcement highlights Raytheon’s work on software-defined naval radar architectures that enable independent control of radar modules, multi-mission operation, and spectrum sharing with networks like 5G. It builds on prior RTX radar and defense wins reported in early May 2026. Investors may track how these software-driven upgrades transition into operational naval systems and how they complement existing radar orders and production expansion initiatives.

Key Terms

electromagnetic spectrum, spectrum sharing, 5g
3 terms
electromagnetic spectrum technical
"The electromagnetic spectrum is more crowded than ever"
The electromagnetic spectrum is the full range of invisible energy waves—from low-frequency radio waves to high-frequency gamma rays—that carry signals, heat, and light. Think of it as a multi-lane highway where each lane suits different uses: some lanes carry radio and TV broadcasts, others carry mobile phone and satellite signals, and some enable medical imaging or industrial sensors. Investors care because access, regulation, and technology that use specific lanes determine the value, revenue potential, and competitive position of companies in telecom, healthcare, defense, and electronics.
spectrum sharing technical
"improved spectrum sharing with 5G"
Spectrum sharing is the practice of letting more than one wireless user or company use the same radio frequencies so signals don’t sit idle and networks carry more traffic. Think of it like multiple drivers using the same road through scheduling and lane rules to avoid gridlock. For investors, it affects how quickly companies can expand service, lower spectrum costs, form partnerships, and face regulatory or competitive risk, all of which influence future revenue and capital needs.
5g technical
"better share crowded frequency bands with commercial networks such as 5G"
5G is the fifth generation of wireless technology that provides faster internet connections, lower latency, and greater capacity than previous networks. It enables quicker downloads, smoother streaming, and more reliable connections for devices. For investors, 5G represents a significant upgrade in technology infrastructure that can drive growth in related industries such as smartphones, smart cities, and the Internet of Things.

AI-generated analysis. Not financial advice.

New software gives naval radars multi-mission flexibility and improved spectrum sharing with 5G

ARLINGTON, Va., May 18, 2026 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has been awarded a contract from the Office of Naval Research to further develop advanced radar software for next-generation naval radars.

Under the contract, Raytheon's Advanced Technology team will develop software that enables each building block within a radar to operate independently, allowing a single radar to perform multiple missions simultaneously. By treating each building block as its own software-defined aperture, the radar can rapidly adapt to changing operational needs and better share crowded frequency bands with commercial networks such as 5G.

"The electromagnetic spectrum is more crowded than ever, and our systems have to be smarter about how they operate in it," said Colin Whelan, president of Advanced Technology at Raytheon. "With precise, software-driven control over where and how we radiate, we're taking an important step forward in how we use software‑defined apertures to keep pace with evolving mission demands."

Building on Raytheon's long-standing work in software‑defined apertures, this flexible, modular architecture delivers capability enhancements through software rather than hardware redesign. This approach allows radar performance to be adapted and expanded over time with greater speed, lower cost, and reduced risk.

Once the software development is complete, Raytheon will conduct a series of demonstrations to validate independent control of radar modules and associated capabilities such as multi-mission operation and spectrum sharing. Upon successful validation, the technology is expected to be transitioned into operational naval radar systems.

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
With more than 180,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. With industry-leading capabilities, we advance aviation, engineer integrated defense systems for operational success, and develop next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2025 sales of more than $88 billion, is headquartered in Arlington, Virginia.

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

 

Cision View original content:https://www.prnewswire.com/news-releases/rtxs-raytheon-awarded-contract-to-further-develop-next-generation-software-defined-radar-capability-302771209.html

SOURCE RTX

FAQ

What contract did Raytheon (RTX) receive from the Office of Naval Research in May 2026?

Raytheon, part of RTX (NYSE: RTX), received a contract to further develop advanced software for next-generation naval radars. According to Raytheon, the work focuses on software-defined apertures that enable independent control of radar modules for flexible, upgradable performance across multiple missions.

How will RTX's new radar software improve multi-mission capability for naval radars?

The software lets each radar building block operate independently, allowing a single system to perform multiple missions simultaneously. According to Raytheon, treating each module as a software-defined aperture enables rapid adaptation to changing operational needs while delivering enhancements through software updates instead of hardware redesign.

How does RTX's radar software enhance spectrum sharing with 5G networks for naval systems?

The software provides precise, software-driven control over where and how radar energy is radiated, aiding spectrum sharing. According to Raytheon, this helps next-generation naval radars better coexist within crowded frequency bands that also serve commercial networks such as 5G, addressing increasingly congested electromagnetic environments.

What is meant by software-defined apertures in RTX's next-generation naval radar work?

Software-defined apertures treat each radar component as a controllable, software-driven element rather than fixed hardware. According to Raytheon, this modular approach enables independent control of radar modules, supports multi-mission operation, and allows performance enhancements to be delivered through software updates over time.

What are the next steps for RTX's new naval radar software after development?

After development, Raytheon plans a series of demonstrations to validate independent radar module control and related capabilities. According to Raytheon, successful validation should allow the software-defined radar technology to be transitioned into operational naval radar systems for real-world deployment and use.

Why is RTX focusing on modular, software-driven architecture for naval radar development?

The modular, software-driven architecture aims to adapt and expand radar performance with greater speed and lower cost. According to Raytheon, delivering capability enhancements through software instead of hardware redesign also reduces risk and helps keep pace with evolving mission demands and spectral environments.