Raytheon Co. (RTN) announced that it has received a $190 million fixed price incentive fee contract from the Missile Defense Agency or MDA to construct, integrate and test a new Army/Navy Transportable Radar Surveillance or AN/TPY-2 radar.
This will be the eighth AN/TPY-2 Raytheon has built for MDA. Raytheon said that it delivered the seventh earlier this year, on cost and ahead of schedule. These radars are deployed by MDA for forward operations to deter, dissuade, and if necessary, enable defeat of enemy ballistic missiles, as well as to support test and development of the Ballistic Missile Defense System, the company said.
Raytheon said that its AN/TPY-2 provides a common mission capability: in terminal-based mode with the THAAD Fire Control Center in support of the THAAD weapon system, and in a forward-based mode with Command, Control, Battle Management and Communications, enabling MDA's Ballistic Missile Defense System.
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