RTX's Raytheon Awarded $515 Million Contract for SPY-6 Family of Radars

Raytheon, an RTX business, has been awarded a $515 million contract from the U.S. Navy for the SPY-6 family of radars. The contract includes upgrading Flight IIA destroyers with the SPY-6(V)4 variant and providing continued support to the U.S. Navy and Germany.