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Aerospace and Defense Channel

Raytheon helps missile defense agency counter ballistic missile threat

Raytheon Co. delivered its eighth AN/TPY-2 radar to the Missile Defense Agency (MDA) in support of the U.S. combatant commands. An integral capability of the Ballistic Missile Defense System (BMDS), AN/TPY-2 is a mobile, X-Band phased-array radar that helps protect the U.S., deployed forces, and America's friends and allies by searching, acquiring and tracking threat ballistic missiles and discriminating between threats and non-threats.


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Defense Industry Review YTD; Briefings with Ultra Electronics, 3eTI and Gilat Satellite Networks

The beginning of 2013 started to see revenue results for companies. Most companies reported results that were essentially stable with minor increases or declines year-on-year. Boeing was the exception with revenues growing 19% year-on-year on the back of the company's commercial business. Company results reflected a slowing defense market, but contract activity was surprisingly good in January with new contracts across all sectors including radar, communications and EW. There were a number of international shows in February providing the stage for companies to establish strategic relationships, form joint ventures and highlight their capabilities as well as signing major contracts. Asif reviews these early year trends along with some briefings with various defense companies.
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