Production of three AN/SPY-6(V) radar ship sets began Wednesday following notification that the company was receiving a $327,146,998 Fixed Price Incentive modification to a previously awarded contract to exercise options for an Air and Missile Defense Radar Program.
"Progressing to production is the result of a lot of hard work and dedication from our AMDR team of experts across Raytheon, the Navy, and our world-class suppliers," said Raytheon's Tad Dickenson, director of the Air and Missile Defense Radar program.
"In just over three years of the engineering, manufacturing and development phase, we've gone from a technology demonstrator to a technically mature, highly advanced, functioning radar.
"Production begins today -- which brings us one day closer to delivering this needed, and unprecedented, integrated air and missile defense capability to the Navy," the statement released Wednesday said.
AN/SPY-6(V) radar is an active electronically scanned array air and missile defense radar.
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