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Stock impact report

RTX's Raytheon completes first AN/TPY-2 radar for the Kingdom of Saudi Arabia

RTX Corporation (RTX) 
Company Research Source: PR Newswire
This latest version features GaN technology for increased sensitivity.TUCSON, Ariz., Sept. 25, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has delivered the first AN/TPY-2 radar for the Kingdom of Saudi Arabia. The AN/TPY-2 is a missile defense radar that can detect, track and discriminate ballistic missiles in multiple phases of flight.This is the first AN/TPY-2 radar with a complete Gallium Nitride, or GaN, populated array in the system. GaN is a glasslike material that offers key advantages over other radio frequency semiconductors in energy efficiency, weight and power output. GaN technology provides greater sensitivity to increase range as well as expand surveillance capacity. This technology is also a key enabler in allowing the AN/TPY-2 radar to support the hypersonic mission."The latest AN/TPY-2 radar is now in a different class with Raytheon making more than 50 enhancements to the radar," said Paul Ferraro, President, Air & Space Defense Systems, Raytheon. "Th Show less Read more
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