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RTX's Raytheon Conducts Successful Test with LTAMDS and PAC-2 GEM-T Missile

1. RTX's LTAMDS successfully tracked and defended against a high-speed missile threat. 2. The program is progressing toward transition to production by FY2025 Q2. 3. Strong international interest exists, with over a dozen countries requesting information. 4. Raytheon secured a $2 billion contract for radars with the U.S. and Poland. 5. LTAMDS enhances Patriot's capabilities, addressing increasingly complex defense needs.

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Why Bullish?

Successful tests and international contracts indicate strong demand and potential revenue growth.

How important is it?

The article highlights advancements in RTX's product pipeline and contracts, directly impacting financial performance.

Why Long Term?

Transition to production and international sales suggest sustained future revenue for RTX.

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Live fire ensures combat-proven effector's performance with LTAMDS , /PRNewswire/ -- Raytheon, an RTX business, announced that its Lower Tier Air and Missile Defense Sensor, or LTAMDS, successfully completed another complex live-fire test, detecting and tracking a high-speed cruise missile and guiding a Patriot Advanced Capability-2 (PAC-2) Guidance Enhanced Missile-T (GEM-T) to defend against the surrogate threat. The milestone is the latest in a rigorous U.S. Army test program, advancing towards fielding the 360-degree, full-sector radar. "This most recent test represents a significant milestone for both Raytheon and the Army, demonstrating the combat-proven PAC-2 GEM-T interceptor with the transformational LTAMDS radar," said Tom Laliberty, president of Land and Air Defense Systems at Raytheon. "LTAMDS will further enhance Patriot's unmatched air defense capabilities, helping the Army and customers around the globe defend against increasingly complex threats." This was the latest in a series of LTAMDS live-fire events highlighting the capabilities of the advanced 360-degree radar and its integration with the Army's Integrated Air and Missile Defense architecture. The LTAMDS program is executing to an aggressive schedule, with multiple radars being utilized for simultaneous testing and integration at various Raytheon and USG test locations. Tests have increased in complexity to stress the radar and prove its capabilities against real and representative threat sets. Throughout, LTAMDS has met complex objectives and showcased the performance of the  radar. The program is expected to achieve Milestone C, the official transition from development to production, in second quarter of FY2025. International interest in LTAMDS is strong, with more than a dozen countries requesting information and receiving briefings. In August 2024, Raytheon was awarded a U.S. Army contract valued at more than $2 billion to deliver radars for the U.S. and Poland. With this Foreign Military Sale, Poland is the first international customer to add LTAMDS to their air and missile defense architecture. About RaytheonRaytheon, an RTX business, is a leading provider of defense solutions to help the U.S. government, our allies and partners defend their national sovereignty and ensure their security. For more than 100 years, Raytheon has developed new technologies and enhanced existing capabilities in integrated air and missile defense, smart weapons, missiles, advanced sensors and radars, interceptors, space-based systems, hypersonics and missile defense across land, air, sea and space. About RTXRTX is the world's largest aerospace and defense company. With more than 185,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. Through industry-leading businesses – Collins Aerospace, Pratt & Whitney, and Raytheon – we are advancing aviation, engineering integrated defense systems for operational success, and developing next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2024 sales of more than $80 billion, is headquartered in Arlington, Virginia. For questions or to schedule an interview, please contact [email protected] SOURCE RTX WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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