RTX · News · 20260807N
SPY-6 Radar Program Outlook
RTX Corp · 2026-08-07 · Importance 6 · Surprise 42 · In source text
Raytheon completed installation of the first SPY-6(V)4 radar array, marking the start of a U.S. Navy naval modernization effort. RTX's reported backlog reached a record $289 billion, but the radar program is not expected to contribute materially to revenue until mid-2028. Future performance depends on the Navy's testing and backfit schedule, creating execution and timing risk for the program's financial benefits.
Key facts
- RTX said revenue contribution from the SPY-6(V)4 program is delayed until mid-2028. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | negative | probable | — | RTX said revenue contribution from the SPY-6(V)4 program is delayed until mid-2028. |