Raytheon wins $904.6M Army contract modification

Raytheon, a subsidiary of Arlington County-based Fortune 500 aerospace and defense contractor RTX, has been awarded a $904.6 million U.S. Army contract modification to support an initial, limited production run of five Lower Tier Air and Missile Defense Sensor (LTAMDS) units and six spares.

The award covers new production hardware, software and related services, including documentation. The modification increases the contract’s total value, originally awarded in 2024, to $5.36 billion.

According to the Department of Defense, bids were solicited online, with one received.

Work will be performed in Andover, Massachusetts, with an estimated completion date of Aug. 29, 2031. The Army obligated $725.88 million in fiscal 2026 missile procurement funds at the time of the award.

According to RTX, LTAMDS is a radar tool designed to detect and track advanced threats, including hypersonic weapons. The system uses three antenna arrays to provide 360-degree coverage, allowing it to identify and engage multiple threats simultaneously.

The Army Contracting Command at Redstone Arsenal, Alabama, is the contracting activity.

RTX has more than 180,000 employees globally and reported more than $88.6 billion in 2025 sales. The contractor is the second-highest-ranked Virginia-based company on the 2025 Fortune 500. RTX’s Raytheon business unit is also based in Arlington.