
The U.S. Navy on May 1 awarded Raytheon [RTN] a $327 million fixed-price-incentive (firm target) contract modification option to produce the first three low-rate initial production (LRIP) AN/SPY-6(V) Air and Missile Defense Radar (AMDR) units.In exercising the LRIP option, the contract also includes non-recurring engineering efforts in support of production.The AMDR SPY-6 is a Gallium Nitride-based air and missile defense radar being developed for the upcoming Flight III version of the Arleigh Burke-class DDG-51 destroyer. It is designed to increase the…