RTX Ships Its AN/TPY-2 Radar to the Kingdom of Saudi Arabia [Yahoo! Finance]
Lockheed Martin Corporation (LMT)
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Source: Yahoo! Finance
This is RTX's first AN/TPY-2 radar equipped with a complete Gallium Nitride, or GaN technology, which delivers increased sensitivity, allowing for wider range and surveillance capability. This technology also plays an important role in allowing the AN/TPY-2 radar to assist the hypersonic mission. RTX's Expertise in Making Top-Grade Radars With the rapid rise of geopolitical tensions in recent years, governments throughout the world have dramatically increased their military arsenals. As radars constitute a crucial component of this arsenal, rising defense spending has resulted in a rise in demand for combat-proven radars. This must have been ushering in a solid order flow for radar manufacturing companies like RTX, whose extensive expertise in radar technology applies to a vast range of advanced radar systems for various applications, including air defense, missile defense, maritime surveillance and a few more. The latest contract win is a bright example of that. In particul
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News
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- An F-35 was caught on camera for the first time carrying the stealthy long-range anti-ship missiles it could need in a fight with China [Business Insider]Business Insider
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LMT
Earnings
- 7/23/24 - Beat
LMT
Sec Filings
- 8/27/24 - Form 8-K
- 8/5/24 - Form 4
- 8/1/24 - Form 144
- LMT's page on the SEC website