RTX's Lower Tier Air and Missile Defense Sensor positioned for production

Core Insights - Raytheon has transitioned its Lower Tier Air and Missile Defense Sensor (LTAMDS) from prototype to production after achieving Milestone C designation from the U.S. Army [1][2][3] - The LTAMDS program has successfully completed eight flight tests, validating its capabilities against real-world threats and confirming its readiness for production and deployment [2][3] - The U.S. Army has officially designated LTAMDS as a program of record, indicating its importance for both homeland defense and expeditionary missions [2][3] Production and Delivery - Raytheon has delivered the first six LTAMDS units to the U.S. Army under a contract awarded in 2019 and is currently manufacturing eight additional units per year, with plans to ramp up production to 12 units annually [4] - The company is set to deliver the seventh and eighth radars later this year and is also producing units for Poland, contracted in August 2024 [4] International Demand - Poland is the first international customer to integrate LTAMDS into its air and missile defense architecture, with a dozen additional countries expressing interest and requesting pricing and availability estimates [5] Company Overview - Raytheon, as part of RTX, is a leading provider of defense solutions, focusing on integrated air and missile defense, advanced sensors, and other defense technologies [6] - RTX is the largest aerospace and defense company globally, with over 185,000 employees and projected sales exceeding $80 billion in 2024 [7]