Raytheon (NYSE: RTN) is developing a new version of the Advanced Synthetic Aperture Radar that flies on the U-2 Dragon Lady aircraft under a $320 million undefinitized contract from the U.S. Air Force. Equipped with an active electronically scanned array antenna, ASARS-2B doubles the surveillance range while maintaining the mapping and imagery resolution of the current ASARS-2A system. ASARS-2B completed flight test…

Raytheon Company’s (NYSE: RTN) AN/SPY-6(V)1 air and missile defense radar completed its latest test, exceeding all performance requirements. In the most stressing test to date, the radar searched for, detected, and maintained track on the target as predicted.   “Now in production, AN/SPY-6(V)1 continues to stack up test successes and milestones, proving the maturity of its design and…