LOGO
LOGO

Quick Facts

Raytheon Investing $100 Mln To Expand Its Portsmouth, Rhode Island-based Facility

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Raytheon, an RTX Corp. (RTX) business, announced Monday it is investing $100 million to expand its Portsmouth, Rhode Island-based facility, which has been operating for more than 60 years. The facility supports undersea technology, combat systems and radars.

The expansion will accelerate Lower Tier Air and Missile Defense Sensor (LTAMDS) testing by increasing capacity and boost Patriot GEM-T subcomponent production to meet growing global demand.

This investment comes eight months after the company's $53 million investment to expand its Radar Production Facility in Andover, Massachusetts. LTAMDS is a radar designed to defeat advanced threats, including hypersonic weapons.

Raytheon is under contract for multiple LTAMDS radars for the U.S. Army and Poland. The program also recently completed its ninth successful flight test, using the radar's multiple arrays to track and intercept a surrogate target.

The Patriot Advanced Capability-2 (PAC-2) Guidance Enhanced Missile-Tactical (GEM-T) —designed for intercepting all types of airborne threats, including tactical ballistic missiles —is a primary effector for the combat-proven Patriot air and missile defense system.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

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.

Latest Updates on COVID-19