Raytheon, a business of RTX Corporation, has secured a $646 million contract to continue the production of AN/SPY-6$(V)$ radars for the U.S. Navy. This marks the fourth option exercised from the existing hardware, production, and sustainment contract established in March 2022, which could reach a total value of $3 billion over five years. The new contract will deliver four additional radars, bringing the total number under procurement to 42. The majority of the work will be carried out at Raytheon's advanced Radar Development Facility in Andover, Massachusetts, with completion expected by 2028. The SPY-6 radar system is acclaimed for its advanced capabilities, allowing the U.S. Navy to detect threats at greater distances, thus providing enhanced response time.