RTX’s Raytheon Secures $200 Million, Three‑Year Contract with TTM Technologies for LTAMDS Radar Components

RTX
January 29, 2026

Raytheon, a business unit of RTX Corporation, entered into a three‑year, up‑to‑$200 million agreement with TTM Technologies, Inc. to supply radio‑frequency assemblies, electronic hardware, and printed circuit boards for the Lower Tier Air and Missile Defense Sensor (LTAMDS) program. The deal will provide the critical components that enable the radar’s beam‑forming network and printed wiring boards, ensuring that the system can meet its accelerated delivery schedule.

The LTAMDS radar is a cornerstone of the U.S. Army’s Patriot modernization effort, replacing aging radars with a 360‑degree, multi‑threat detection capability that can counter drones, cruise missiles, ballistic missiles, and hypersonic threats. The Army awarded Raytheon a $1.7 billion contract for LTAMDS production in August 2025, with a cumulative value of $3.8 billion, and Poland has become the first international customer. The new contract therefore strengthens the supply chain for a program that is central to the current defense supercycle, driven by heightened geopolitical tensions and increased NATO spending.

By securing a long‑term relationship with a U.S.‑based manufacturer, Raytheon can reduce lead times, stabilize component costs, and maintain production momentum. The agreement supports the company’s strategy of expanding its international backlog while sustaining margin growth across its three business lines—Collins Aerospace, Pratt & Whitney, and Raytheon. The multi‑year revenue stream from TTM is expected to contribute to the Raytheon segment’s top‑line growth and help offset the higher capital intensity required for advanced radar development.

Mike Mills, Raytheon’s Vice President of LTAMDS and GhostEye Programs, said the contract “will allow us to meet our accelerated delivery schedule while reducing costs.” Catherine Gridley, Executive Vice President and President of TTM’s Aerospace & Defense Sector, added that the agreement “reinforces our long‑standing partnership with Raytheon and reflects the growing importance of resilient, U.S.‑based electronics manufacturing for integrated air and missile defense.”

The deal underscores the broader market trend toward supply‑chain resilience in defense electronics. TTM’s role as a U.S. manufacturer aligns with Department of Defense priorities to strengthen domestic production capabilities and accelerate delivery of critical capabilities. The contract also positions Raytheon to capture a larger share of the growing integrated air and missile defense market, which is projected to expand as nations seek advanced radar and missile‑defense solutions in the Indo‑Pacific and other high‑risk regions.

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