On May 19, RTX Corporation (NYSE:RTX) announced that its Raytheon business delivered the first AN/TPY-2 radar to the U.S. Missile Defense Agency with a complete Gallium Nitride (GaN) populated array.
The missile defense radar will defend the United States and its allies by tracking, detecting, and discriminating against ballistic missiles. The latest radar version featuring GaN technology will expand surveillance capacity, offer greater sensitivity to increase range, and support hypersonic missile defense.
The radar also integrates the latest CX6 high-performance computing software, which will provide electronic attack protection and enhance target discrimination.
Sam Deneke, President of Air and Space Defense Systems at RTX Corporation (NYSE:RTX)’s Raytheon, stated the following:
“This is the most advanced version of AN/TPY-2 that Raytheon has built, leveraging years of investment and innovation to produce superior capability at a lower cost to the U.S. armed forces. As demand increases for missile defense of the homeland, the AN/TPY-2 radar is ready to meet the mission.”
RTX Corporation (NYSE:RTX)’s shares have surged by nearly 19% year-to-date, on the back of positive recent developments such as these and several high-value defense contract awards.
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Disclosure: None.
