Raytheon Missiles & Defense awarded $651 million to produce SPY-6 radars for next-gen US Navy ships

Rhea-AI Summary

Raytheon Missiles & Defense, a Raytheon Technologies business (NYSE: RTX), has secured a $651 million contract, which includes options totaling $2.5 billion, for full-rate production of the AN/SPY-6(V) Family of Radars. This five-year contract is aimed at equipping up to 31 U.S. Navy ships with advanced radar systems, enhancing air and missile defense capabilities. Over $600 million has been invested in the SPY-6 radars, which offer superior electronic warfare protection and detection abilities compared to legacy systems. The first installation will be operational in 2024.

Positive

• Awarded a $651 million contract for the AN/SPY-6(V) radars, with options of $2.5 billion.
• Contract supports production for up to 31 Navy ships, enhancing defense capabilities.
• More than $600 million invested in SPY-6 development, indicating strong R&D commitment.
• The SPY-6 radar has advanced features compared to legacy systems, improving market competitiveness.

Negative

• None.

The contract also includes four option years, worth additional $2.5 billion

TUCSON, Ariz., March 31, 2022 /PRNewswire/ -- Raytheon Missiles & Defense, a Raytheon Technologies (NYSE: RTX) business, was awarded a $651 million, with options totaling $2.5 billion, hardware, production and sustainment contract for full-rate production of the AN/SPY-6(V) Family of Radars. The contract, with options, totals $3.2 billion and five years of radar production to equip up to 31 U.S. Navy ships with SPY-6 radars.

Under the contract, RMD will produce solid state, fixed-face and rotating SPY-6 variants that will deliver unprecedented integrated air and missile defense capabilities for seven types of U.S. Navy ships over the next 40 years. Those vessels include the Navy's new Arleigh Burke class Flight III destroyers, aircraft carriers and amphibious ships; today's Flight IIA destroyers will be backfit with an upgraded radar.

"There is no other radar with the surface maritime capabilities of SPY-6," said Wes Kremer, president of Raytheon Missiles & Defense. "SPY-6 is the most advanced naval radar in existence, and it will provide our military a giant leap forward in capability for decades to come."

Since its inception, more than $600 million has been invested in the development and manufacturing of the SPY-6 family of radars. When compared to legacy radars, SPY-6 will bring new capabilities to the surface fleet, such as advanced electronic warfare protection and enhanced detection abilities.

SPY-6 array radar variants have between nine and 37 radar modular assemblies, known as RMAs. Common RMAs allow SPY-6 to be scalable and modular to support production for the U.S. and partner nations across all variants, to include the Enterprise Air Surveillance Radar. This commonality supports standardized logistics and training for those who work on the radars.

SPY-6 radar installation is complete on the Navy's first Flight III destroyer, the USS Jack H. Lucas (DDG 125), which is scheduled to be operational in 2024. Radar array deliveries are complete for the next ship in the class, the future USS Ted Stevens (DDG 128).

About Raytheon Technologies

Raytheon Technologies Corporation is an aerospace and defense company that provides advanced systems and services for commercial, military and government customers worldwide. With four industry-leading businesses ― Collins Aerospace, Pratt & Whitney, Raytheon Intelligence & Space and Raytheon Missiles & Defense ― the company delivers solutions that push the boundaries in avionics, cybersecurity, directed energy, electric propulsion, hypersonics, and quantum physics. The company, formed in 2020 through the combination of Raytheon Company and the United Technologies Corporation aerospace businesses, is headquartered in Waltham, Massachusetts.

Media Contact
Tara Wood
rmdpr@rtx.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/raytheon-missiles--defense-awarded-651-million-to-produce-spy-6-radars-for-next-gen-us-navy-ships-301515422.html

SOURCE Raytheon Technologies

FAQ

What is the value of the contract awarded to Raytheon for the SPY-6 radars?

Raytheon was awarded a $651 million contract with options totaling $2.5 billion.

How many U.S. Navy ships will be equipped with the SPY-6 radars?

Up to 31 U.S. Navy ships will be equipped with SPY-6 radars.

When will the first SPY-6 radar equipped ship be operational?

The first SPY-6 radar equipped ship is scheduled to be operational in 2024.

What are the key features of the SPY-6 radars?

The SPY-6 radars offer enhanced electronic warfare protection and improved detection abilities compared to legacy radars.

How much has been invested in the development of the SPY-6 radar?

Over $600 million has been invested in the development and manufacturing of the SPY-6 radar family.