Raytheon is investing $53 million in new production facilities to meet growing demand for the LTAMDS radar for Patriot systems.
The new facilities, spanning 23,000 square feet, will produce LTAMDS radars designed to enhance air and missile defense capabilities against hypersonic threats, including Russia's Kinzhal missiles.
No comment from the company on the current production status.
Author's summary: Raytheon invests $53 million in LTAMDS production.