Radar will bring advanced capability to the German Navy , /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has been selected by the German government to provide the Raytheon-built SPY-6(V)1 radar for installation on eight of its F127 frigates under a requested foreign military sales contract with the U.S. Navy. The contract, which would also include comprehensive support and services to adapt the radar to the ship's design, will make Germany the first international customer for SPY-6. SOURCE RTX WANT ...

Group 1: Contract Details - Huntington Ingalls Industries Inc. (HII) subsidiary, HII Fleet Support Group LLC, won a contract valued at nearly $13.1 million to support the refueling and complex overhaul of the USS John C. Stennis (CVN 74) aircraft carrier, with work to be executed in Newport News, VA [1][2] - The contract is expected to be completed by August 28, 2026, and involves assistance for preparation, evaluation, execution of repairs, and technical guidance for maintenance [2][10] Group 2: HII's Leadership and Experience - HII has built more than 31 aircraft carriers for the U.S. Navy since 1933, including all 10 Nimitz-class aircraft carriers currently in active service and the first Gerald R. Ford-class aircraft carrier [4][10] - With over 135 years of experience in building naval ships, HII enjoys a consistent flow of orders, enhancing its revenue generation prospects [5] Group 3: Industry Growth Potential - Increasing global hostilities are prompting governments to invest more in naval forces, including aircraft carriers, to enhance their sea warfare capabilities [6] - The global Aircraft Carrier Ship market is projected to witness a CAGR of 12.8% from 2025 to 2030, which is likely to benefit HII as America's largest shipbuilder and the sole builder of aircraft carriers [7] Group 4: Stock Performance - In the past six months, HII shares have increased by 39.1%, outperforming the industry's growth of 20.2% [13]

About Raytheon RAM is a vital component of naval defense, protecting high-value assets and the lives of thousands of sailors and marines TUCSON, Ariz., May 19, 2025 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business and German industrial partner RAM-Systems GmbH, delivered the 250th RAM MK49 Guided-Missile Launching System (GMLS) to the U.S. Navy. It will be deployed on the USS Pittsburgh, a new-construction San Antonio-class amphibious transport dock. The RAM program, which will celebrate its 50th anniv ...