Raytheon [RTN] submitted its proposal recently for the Air Force’s next generation space debris-tracking radar system, according to a company statement. The system, called Space Fence, will be a S-band radar tracking orbiting objects and other debris passing over the United States that could damage satellites. It will replace the Air Force Space Surveillance System (AFSSS), or VHF Fence, that has been in service since 1961. Raytheon and Lockheed Martin [LMT] are the two companies gunning for the Space Fence…
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