Raytheon Awarded Airborne Radar Contracts at Year's End Worth $320 Million

Raytheon Company RTN booked $320 million this month in new contract awards related to its active electronically scanned array radar programs for domestic and international customers. With active electronic beam scanning, which allows the radar beam to be steered at nearly the speed of light, Raytheon AESA radars optimize situational awareness and provide superior air-to-air and air-to-surface capability. The agile beam enables the radars to "interleave" in near-real time, so that pilot and crew can use both modes simultaneously.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsContracts
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!