Production, progress continues for U.S. Navy's new radar ANDOVER, Mass., June 10, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, was awarded a $677 million contract to continue to produce AN/SPY-6(V) radars for the U.S. Navy. This is the third option exercised from the March 2022 hardware, production and sustainment contract that is valued up to$3 billion over five years. Under this contract, the U.S. Navy will receive seven additional radars, increasing the total amount of radars under contra ...