RTX's Raytheon Wins US Navy Contract to Develop Advanced Radar Detection

08:24 AM EDT, 10/12/2026 (MT Newswires) -- RTX's (RTX) Raytheon has won a contract from the US Navy's Office of Naval Research to develop advanced target detection functions for naval radar systems, the company said Monday. Financial terms were not disclosed. Under the contract, Raytheon said it will develop and evaluate advanced signal and data-processing algorithms. The defense contractor will also integrate software upgrades designed to extend detection range, increase sensitivity, and improve radar-system efficiency. The company said that work under the contract will take place at its facilities in Portsmouth, Rhode Island and Andover, Massachusetts through 2031.