The RTX radar contract supporting Army Navy/Transportable Radar Surveillance and Control Model 2 systems has been extended by two years, lifting its ceiling from $2.61 billion to $3 billion. Raytheon Technologies announced the modification on October 21, 2026, with support now running through October 31, 2028.
Key Takeaways
- The modification raises an existing contract ceiling rather than establishing a new $3 billion award.
- Work will continue in Woburn, Massachusetts, and at domestic and international radar sites.
- The Missile Defense Agency will oversee the contract, with $112.31 million allocated in fiscal 2027 funds.
Table of Contents
- RTX radar contract extends existing support
- Work spans multiple locations and contract types
- Conclusion
RTX radar contract extends existing support
The development expands the duration and maximum value of an existing indefinite-delivery/indefinite-quantity agreement. Its ceiling increases by $390 million, while the two-year extension continues RTX’s role in supporting the radar systems.
The $3 billion ceiling is the agreement’s revised upper limit, distinct from the $112.31 million allocated in fiscal 2027 funding. The modification is not a newly funded $3 billion order.
Work spans multiple locations and contract types
Operations will remain at RTX’s Woburn facility and at radar sites in the United States and abroad. The Missile Defense Agency will oversee the agreement.
The fiscal 2027 allocation covers operations, maintenance, research, development, testing, evaluation and procurement. The contract combines cost-plus-incentive-fee, cost-plus-fixed-fee and firm-fixed-price components, rather than using a single pricing structure.
Conclusion
The modification gives RTX a longer radar-support term and a higher contract ceiling through October 2028. The fiscal 2027 allocation remains distinct from the agreement’s $3 billion maximum value.
Read More News
Disclaimer
This FinanceVelix article provides general information, not personalized financial, investment, legal, or tax advice. Market prices, interest rates and economic conditions can change; investments carry a risk of loss. Facts reflect the material available when published and may change. Check important information independently and consult a qualified professional when needed. Mentioning an asset, company, or service is not an endorsement.
