Raytheon Co. (RTN) Monday said its Airborne Standoff Radar system, developed for the U.K. Ministry of Defence has entered service with the Royal Air Force. The company said the next stage in the ASTOR program is to deliver the system in its entirety to the RAF and to continue supporting the system through life.
According to the company, the in-service date indicates that the system has two aircraft, two ground stations and two trained crews capable of supporting a brigade-level deployment. In total, Raytheon has delivered four aircraft, eight ground stations -- six for tactical purposes and two at the operational level and full mission support capabilities. The fifth and final aircraft is on track for delivery by the end of 2008.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.