Core Insights - Raytheon has successfully demonstrated its Barracuda mine neutralization vehicle in untethered, semi-autonomous operations, marking a significant advancement in mine countermeasure technology [1][2][3] - The Barracuda system is designed to autonomously navigate, communicate, detect, and identify underwater targets, enhancing safety and efficiency for the U.S. Navy [2][3] - The program is on track to achieve initial operational capability and low-rate initial production by 2030, with plans for a larger variant to address various mission requirements [4] Company Overview - Raytheon, part of RTX, is a leading provider of defense solutions, focusing on technologies for integrated air and missile defense, smart weapons, and advanced sensors [5] - RTX is the largest aerospace and defense company globally, with over 185,000 employees and projected sales exceeding $80 billion in 2024 [6]