RTX · News · 20260807N

SPY-6 Radar Program Milestone

RTX Corp · 2026-08-07 · Importance 6 · Surprise 42 · In source text

Raytheon completed installation of the first SPY-6(V)4 radar array, initiating a major U.S. Navy naval modernization effort. The program contributed to RTX’s reported record $289 billion backlog, although the article said meaningful revenue contribution is not expected until mid-2028. Execution depends on the Navy’s testing and backfit schedule, while Lockheed Martin remains a direct competitor through its Sentinel A4 radar program.

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metricdirectionstageexpectedbasis
revenuepositiveprobableRTX’s Raytheon business completed the installation of the first SPY-6(V)4 radar array.