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Raytheon Books $53M Navy Contract Modification for SPY-6 Radar Hardware Production

Raytheon logo. The company has received a $53 million Navy AN/SPY-6 contract modification.
Contract option exercise

RTX business Raytheon will work to produce hardware for the U.S. Navy’s AN/SPY-6(V) family of radars under a modification worth nearly $53 million that exercises an option in a previously awarded contract. Work will be carried out in various U.S. locations, with expected completion by September 2029, the Department of Defense said Thursday. The Naval Sea Systems Command is the contracting activity.

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Original AN/SPY-6(V) Contract

Raytheon was awarded the original contract for work on the AN/SPY-6(V) radar in early 2022. The contract had a base value of $651 million but came with options that, as of the contract’s awarding, amounted up to $2.5 billion.

In May that year, the company received the first modification to the contract that exercised an option. Worth $423 million, the modification called for the production of radar hardware as well.

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Written by Arthur McMiler

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