Military Radars

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LMT Secures a Contract to Support the Sentinel A4 Radar Systems
ZACKS· 2025-06-06 13:26
Group 1: Company Overview - Lockheed Martin Corporation (LMT) secured a $25 million contract for engineering services related to the Sentinel A4 Radar System from the Army Contracting Command, with work to be completed by June 3, 2026 [1][10] - The Sentinel A4 Radar System is designed to enhance protection against various aerial threats, including cruise missiles and drones, and can detect Rocket, Artillery, and Mortar (RAM) threats [2][3] Group 2: Market Opportunities - Rising geopolitical tensions and increased defense spending are driving demand for military radars, with a projected CAGR of 5.2% for the global military radar market from 2025 to 2030 [5] - LMT's radar systems are utilized by over 45 nations, indicating strong market presence and integration capabilities with existing defense systems [4][10] Group 3: Competitors and Industry Landscape - Northrop Grumman Corp. (NOC) and L3Harris Technologies, Inc. (LHX) are other defense contractors expected to benefit from the expanding military radar market, with respective long-term earnings growth rates of 3.3% and 12% [7][8] - RTX Corporation (RTX) also has a diverse radar portfolio and a long-term earnings growth rate of 9.3%, indicating competitive positioning in the market [11] Group 4: Stock Performance - In the past month, LMT's stock has increased by 1.4%, while the industry has seen a growth of 15.7% [12]
RTX Ships AN/TPY-2 Radar to the US Missile Defense Agency
ZACKS· 2025-05-20 15:21
RTX Corporation’s (RTX) business segment, Raytheon, recently shipped the first AN/TPY-2 radar, outfitted with full Gallium Nitride (GaN) technology, to the U.S. Missile Defense Agency. The radar is also configured with the next-generation CX6 high-performance computing software, which enables more precise target discrimination and electronic attack protection.Such deliveries should bolster RTX’s revenue performance from radars and get duly reflected in its second-quarter 2025 results.RTX's Expertise in Crea ...