Raytheon lands $646M Navy radar contract
ANDOVER — Defense contractor Raytheon has been awarded a $646 million contract to continue producing advanced maritime radars for the U.S. Navy.
The radar, called the SPY-6, is one of several radar programs designed and manufactured at Raytheon's Radar Development Facility, 350 Lowell St. The 30,000, square-foot site is vertically integrated and highly automated and supports the production of different radars for U.S. and allied forces.
The SPY-6 family of radars performs air and missile defense for seven classes of ships, according to Raytheon's website. The integrated radars have the ability to defend against ballistic, cruise and hypersonic missiles and hostile aircraft and surface ships simultaneously.
This is the fourth option exercised from a hardware, production and sustainment contract in March 2022 that is valued up to $3 billion over five years. Three years ago, Raytheon won a $651 million radar contract with the Navy to outfit new surface ships with radar that can find and track enemy missiles and planes at the same time.
Under this contract, Raytheon will provide the U.S Navy with four additional radars. This increases the total amount of radars under contract for procurement to 42. A majority of the work under the contract will take place in Andover through 2028.
'SPY-6 enables the U.S. Navy to see further than they've ever seen before, providing sailors with more time to respond to detected threats,' President of Naval Power at Raytheon Barbara Borgonovi said.
'This latest contract builds on our decades of experience and technical expertise in developing modular, scalable, and highly maintainable radars.'
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
Israel's air defense systems, explained and visualized
Iran has retaliated against Israel, following Israeli strikes on Iranian military and nuclear targets Friday morning local time. When tensions escalate in the Middle East, Israel turns once again to its extensive air defense system — which includes the Iron Dome, David's Sling and Arrow System — to protect its citizens. The missile defense system is one of the most important tools in Israel's arsenal and has saved countless civilian lives over various conflicts in the last decade, analysts say. Development on the Iron Dome first began in 2007. After tests in 2008 and 2009, the first Iron Dome batteries were deployed in 2011. The system has been upgraded several times since. The Iron Dome is designed to shoot down incoming projectiles. It is equipped with a radar that detects rockets and then uses a command-and-control system that quickly calculates whether an incoming projectile poses a threat or is likely to hit an unpopulated area. If the rocket does pose a threat, the Iron Dome fires missiles from the ground to destroy in the air. To those on the ground, a direct interception sounds like a loud bang and can sometimes be felt from the ground. There are 10 Iron Dome batteries across Israel, each of which includes three to four launchers, according to Raytheon and the Center for Strategic and International Studies. The system is highly transportable and requires just a few hours to set up, and the missile interceptors themselves are highly maneuverable. They are 3 meters (almost 10 feet), long; have a diameter of about 6 inches (15 cm); and weigh 90 kilograms (198 pounds) at launch, the security analysis group IHS Jane's said in 2012. The warhead is believed to carry 11 kilograms of high explosives, IHS Jane's said. Its range is from 4 km to 70 km (2.5 miles to 43 miles). During times of war, the cost to operate Iron Dome can rise quickly. Each missile costs around $40,000, so intercepting thousands of incoming rockets adds up. The US government has spent over $2.9 billion on the Iron Dome program, according to the Congressional Research Service.
Yahoo
6 hours ago
- Yahoo
How much the US contributes to Israel's own defense program
Shares of major defense contractors Lockheed Martin (LMT), RTX (RTX), General Dynamics (GD), and Northrop Grumman (NOC) are seeing gains Friday morning following Israel's airstrikes against Iran. Brad Smith dives into the defense sector's stock moves and the United States' contributions to Israel's defense program. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. Defense stocks rising this morning following Israeli attacks on Iran. Contractors like Lockheed Martin and Raytheon trading higher on expectations that the increased tensions and possibility of a larger scale conflict will result in additional military spending. Lockheed Martin led US defense funding in 2024 with $65 billion in contracts over the course of the year. RTX, Raytheon, General Dynamics and Northrop Grumman, and Boeing, they rounded out the top five with between 30 and $40 billion each in total contracts. While Secretary of State, Marco Rubio confirmed that the US was not involved in the initial Israeli attack, the US does provide defense funding to Israel with a record $18 billion in military aid in the first calendar year of the war in Gaza. The US also approved $20 billion in arms sales in Israel in a deal this past August. Raytheon specifically partners with Israeli companies to maintain its Iron Dome and David's Sling missile defense systems. In May, President Trump called for $25 billion from the current budget to begin building a similar system in the US called the Golden Dome. Estimates of the total cost of the system are $175 billion.
Forbes
10 hours ago
- Forbes
The Value Of Storytelling In Business And Life
James DiNardo is CEO of Growing up, my mom used to tell me how, back in the 1950s and early '60s, her friends would find any excuse to hear my grandmother tell stories. They'd laugh and sometimes tear up, hanging on every word as she brought to life the hardships of the Great Depression and the wild adventures she'd lived through. I think some of that rubbed off on me. When I was on an aircraft carrier, I found myself doing the same thing: sharing stories—about growing up, about Navy life, about the things I'd seen. And as time went on, the stories kept coming: raising a family, starting businesses, facing addiction, finding recovery. Some stories were hilarious. Others were hard. But all of them carried meaning. They became the thread that stitched together how I lead, how I connect, how I live. Storytelling goes back further than writing. It's how we pass on wisdom, build trust, move people to action. It's how we teach, how we sell, how we lead. When I was a teenager, I got a job selling stereos. I was hooked on the tech, wattage, distortion levels—all the specs. I could rattle off numbers like a machine. But nobody was buying. One day, a mentor pulled me aside and said, 'Facts tell, but stories sell.' That stuck with me. I started talking less about features and more about feelings—how someone's living room lit up when they heard their favorite song in perfect clarity. Almost overnight, I went from struggling to breaking records. Decades later, I'm still telling stories. Another example: My dad passed in 2007. A few years later, his old voicemails disappeared. Just like that, I couldn't hear his voice anymore. I would've given anything to have his stories recorded, something my kids could listen to so they'd know the man he was. Today, when I share his stories, I say, 'I'm channeling Jim Sr.' In the past two years, I've fallen in love with podcasting. It started as a side project but quickly became something more. I've had the privilege of sitting down with remarkable people and capturing their wisdom, their heartbreak and their victories. There's something incredibly fulfilling about helping someone preserve their legacy. It's a snapshot of their life, struggles, success, humor and grit that will hopefully last long after we're gone. So, here's my advice to other business leaders: Tell the stories of those who came before you. Share your own, your wins, your failures, your lessons. And even more importantly, tell the stories of the people around you, your team, your clients, your community. The sooner you do, the stronger the connections become. Also, don't forget to listen. When someone opens up and shares their story, they're not just giving you a glimpse into their life. They're offering you insight into what drives them, what matters, how they tick. It's not just what they say but what they don't that often reveals the most. The past decade has changed everything. We now carry in our pockets what used to cost tens of thousands of dollars: cameras, editing software, publishing tools. We can record stories with heart and share them with the world in an instant. In business, I firmly believe the reason most people haven't worked with you isn't because you're not good enough; it's because they haven't heard your story yet. Everyone has a story. Think you're camera-shy? Same here. Think you've got nothing to say? I've been there, too. But the only way out is through. You've got to speak up. Share your truth. Push past the doubt. Because here's the thing: Your story matters. It can be the difference between obscurity and success. It can help you and others. When you tell it, you just might leave something behind that outlives you. Forbes Business Council is the foremost growth and networking organization for business owners and leaders. Do I qualify?
