
The Missile Defense Agency awarded Raytheon [RTN] a $1.5 billion indefinite delivery/indefinite quantity follow-on contract to support the Army Navy Transportable Radar Surveillance Model 2 (AN/TPY-2) and Sea-Based X-Band (SBX) radars, the Defense Department said last Friday.The AN/TPY-2, built by Raytheon, is used for Terminal High Altitude Area Defense (THAAD) missile defense systems to detect, classify, and track ballistic missiles. It operates in the X-band and consists of two modes. Forward-based mode detects missiles as they ascend while terminal mode…