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RTX's Raytheon awarded $1.8 billion hardware production and sustainment contract for SPY-6 family of radars

Barchart·07/21/2026 07:00:00
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Production continues to ramp for U.S. Navy's most advanced maritime radar

ANDOVER, Mass., July 21, 2026 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, was awarded a $1.8 billion contract extension for SPY-6 radars for the U.S. Navy, building on the initial hardware production and sustainment contract awarded in March 2022. The contract includes options which, if exercised, would bring the cumulative value to $3.3 billion.

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