Core Insights - RTX Corporation is expanding its Lower Tier Air and Missile Defense Sensor production facility in Andover, MA, with an investment of $53 million to enhance production capacity for next-generation radar systems [1][9] - The expansion aims to support U.S. and allied missile defense systems by increasing production and accelerating delivery of critical radar technology, with completion expected by late 2026 [2][9] RTX's Role in Advanced Radar Technology - Raytheon, a unit of RTX, specializes in integrated air and missile defense solutions, providing advanced sensors and radar systems for various applications including air defense and maritime surveillance [3] - The LTAMDS radar system is designed to counter advanced threats such as hypersonic weapons, featuring three antenna arrays for simultaneous tracking and engagement of multiple threats [4] Market Growth Potential - The military radar market is projected to grow at a CAGR of 5.15% from 2025 to 2030, driven by rising geopolitical tensions and increased defense spending, which presents opportunities for RTX and other radar manufacturers [6] - Other notable defense contractors in the radar market include Lockheed Martin, Kratos Defense & Security Solutions, and Northrop Grumman, all of which are expected to benefit from the expanding demand for military radar systems [6][10]