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Raytheon Secures $394M Missile Defense Contract Extension

October 23, 2026

1 min read

Key Takeaways

Raytheon awarded $394M contract extension for missile defense.
Contract extends operations and sustainment support for AN/TPY-2 radar systems.
Work to be performed in Woburn, Massachusetts, and multiple radar sites.

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Strategic Implications

This contract extension may indicate the US government's continued reliance on Raytheon for critical missile defense capabilities. The two-year extension suggests a long-term commitment to the AN/TPY-2 radar systems, which could benefit Raytheon's position in the defense industry.

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What Happened

Raytheon Wins Two-Year Extension for Radar Systems Support

Raytheon has secured a $394 million contract extension for its work on the Army Navy/Transportable Radar Surveillance and Control Model 2 (AN/TPY-2) radar systems. The two-year extension will see Raytheon continue to provide operations and sustainment support for the systems, with work to be performed in Woburn, Massachusetts, and at multiple radar sites. The contract modification was awarded by the Missile Defense Agency, as reported by ClearanceJobs.

Source | Originally Published: October 22, 2026

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