RTX subsidiary wins $536M Navy contract

The U.S. Navy has awarded Raytheon, a subsidiary of Arlington County-based Fortune 500 aerospace and defense contractor RTX, a $536 million contract for the SPY-6 family of radars.

RTX said in a news release Tuesday that the contract is a follow-on to a previously awarded integration and production support contract announced in 2018. The new contract includes upgrading Flight IIA destroyers, part of the Arleigh Burke class of guided-missile destroyers, with the SPY-6(V)4 variant.

The SPY-6 family of radars performs air and missile defense on seven classes of ships, according to RTX. Some of the advantages over legacy radars, according to RTX, include greater detection range, increased sensitivity and more accurate discrimination.

The SPY-6(V)4 variant can simultaneously defend against ballistic missiles, hypersonic missiles, cruise missiles, anti-surface and anti-air threats, jamming/clutter and electronic warfare.

Under the contract, Raytheon will provide support through training, engineering services, ship installation, integration and testing and software upgrades. Work is expected to be completed by May 2026.

“SPY-6 is the most advanced radar in the U.S. naval fleet, providing ships a new level of defense against evolving threats,” Barbara Borgonovi, president of naval power at Raytheon, said in a statement. “This contract highlights the essential role of this technology in supporting the U.S. Navy’s technology roadmap for several decades to come.”

SPY-6 is installed on two new U.S. Navy ships, according to RTX, with three additional ships slated for installation and undergoing various stages of testing later this year. According to a news release, over the next decade, SPY-6 is expected to be deployed on more than 60 U.S. Navy ships.

RTX has more than 185,000 employees globally and reported more than $80.73 billion in 2024 sales. The contractor is Virginia’s second-highest ranked company on the 2025 Fortune 500.