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RTX completes technical review for prototype of U.S. Navy's HALO missile

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Raytheon (RTX) has completed phase one of the U.S. Navy's Hypersonic Air Launched Offensive Anti-Surface (HALO) program, successfully conducting a technical review and prototype fit-check. The HALO missile is designed to provide the Navy with greater anti-surface warfare capability, enabling operations in contested environments and supporting their long-range fires strategy. The company's president of Advanced Technology, Colin Whelan, emphasized the importance of delivering proven technology to address advanced threats at the pace required by the Navy. Raytheon's digital and model-based engineering techniques have accelerated the HALO missile's development, with successful fit checks on the Navy's Super Hornet aircraft ensuring compatibility. The company was awarded the phase one HALO contract in March 2023, and the program is being completed in Tucson, Arizona.
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The completion of the initial technical review and prototype fit-check of Raytheon's Hypersonic Air Launched Offensive Anti-Surface (HALO) missile signifies a pivotal advancement in U.S. naval capabilities. As hypersonic technologies become increasingly crucial for military superiority, Raytheon's swift progress in developing the HALO missile aligns with the strategic military focus on anti-access/area denial (A2/AD) environments. The integration of such weaponry is expected to enhance the Navy's long-range precision strike abilities, which is essential in maintaining a tactical advantage over potential adversaries.

Hypersonic missiles, traveling at speeds exceeding Mach 5, are not just faster but also more maneuverable than traditional missiles, making them harder to detect and intercept. Their deployment from carrier-based platforms like the F/A-18 Super Hornet enhances the operational flexibility and reach of the U.S. Navy. This technological leap will likely prompt rival nations to accelerate their own hypersonic programs, potentially escalating an arms race in this domain. The successful development and future deployment of HALO could, therefore, have significant implications for global military balance and defense strategies.

For investors and stakeholders in Raytheon and the broader defense sector, this development may signal future revenue streams and contracts, bolstering confidence in the company's technological capabilities and its position in the defense market. However, the high costs associated with research, development and production of cutting-edge military technology like hypersonics may impact financials in the short term, with the potential for significant returns as these systems are adopted and produced at scale.

Raytheon's advancement in the HALO program is indicative of the broader trends in the defense industry where rapid innovation and digital engineering are becoming the norm. The use of digital and model-based engineering techniques by Raytheon not only reduces the time required to develop prototypes but also potentially lowers costs and improves the reliability of the end product. This could give Raytheon a competitive edge in the defense market, as militaries worldwide seek to modernize their arsenals with technologically advanced and cost-effective solutions.

The defense sector is known for its long procurement cycles and stringent requirements, which makes the speed of Raytheon's HALO development noteworthy. The company's ability to swiftly move through the initial phases of the program may reflect positively on its stock as it demonstrates efficiency and capability to meet the Department of Defense's urgent needs. This can also lead to a positive perception among investors regarding Raytheon's project management and innovation capabilities.

Moreover, the successful integration of the HALO missile with existing platforms like the F/A-18 suggests a strategic approach to compatibility and modularity in weapon systems design. This could reduce the barriers to adoption and integration into current military frameworks, potentially leading to increased demand and sales for Raytheon's product offerings in the long term.

High-speed, long-range missile will provide greater anti-surface warfare capability

TUCSON, Ariz., Jan. 9, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has successfully completed a technical review and a seamless prototype fit-check in phase one of the U.S. Navy's Hypersonic Air Launched Offensive Anti-Surface (HALO) program. HALO is a carrier-based high-speed missile that will allow the Navy to operate in and control contested battlespaces in anti-access/area denial environments and will support their long-range fires strategy.

"This is a key step in fielding the Navy's first anti-ship hypersonic missile," said Colin Whelan, president of Advanced Technology at Raytheon. "It's critical that our warfighters have proven technology that can address advanced threats in contested environments, and they need this technology now. We're leveraging our expertise in hypersonics to deliver a straightforward and mature, digitally engineered system at the pace the Navy needs."

Digital and physical design concepts and models of Raytheon's HALO prototype were created in a matter of months using digital and model-based engineering techniques.  This approach is accelerating the development of the HALO missile. A successful fit check on an F/A-18 was held in the fall, ensuring that the prototype is compatible with the Navy's Super Hornet aircraft and existing support equipment.

Raytheon was awarded a phase one HALO contract in March 2023.

Work on this program is being completed in Tucson, Arizona.

About Raytheon
Raytheon, an RTX business, is a leading provider of offensive and 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, offensive and defensive cybersecurity tools, 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 180,000 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 2022 sales of $67 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/rtx-completes-technical-review-for-prototype-of-us-navys-halo-missile-302026094.html

SOURCE RTX

FAQ

What is the name of the company mentioned in the press release about the HALO program?

The company mentioned in the press release is Raytheon.

What is the ticker symbol of Raytheon?

Raytheon's ticker symbol is RTX.

What is the purpose of the HALO missile developed by Raytheon for the U.S. Navy?

The HALO missile is designed to provide the Navy with greater anti-surface warfare capability, enabling operations in contested environments and supporting their long-range fires strategy.

When was Raytheon awarded the phase one HALO contract?

Raytheon was awarded the phase one HALO contract in March 2023.

Where is the work on the HALO program being completed?

The work on the HALO program is being completed in Tucson, Arizona.

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