Raytheon awarded additional $646m contract for US Navy radars

Raytheon, a unit of American defence supplier RTX, has secured a $646 million contract to continue manufacturing AN/SPY-6(V) radars for the US Navy. This award represents the fourth option exercised from a March 2022 hardware, production, and sustainment contract, which has a potential value of up to $3 billion over five years.

Under the terms of this contract, the US Navy will acquire four additional radars, bringing the total number of AN/SPY-6(V) radars under contract for procurement to 42.