Raytheon Scores Another Breakthrough Victory In Radar Competition (From Forbes)

Just about the toughest thing that a military contractor can do in a defense downturn is take market share from competitors, but that’s what Raytheon seems to be doing. In July, it beat incumbent Northrop Grumman in a competition to develop the Navy’s next airborne jamming system, and now it has bested Aegis system integrator Lockheed Martin in the contest to build a new Air and Missile Defense Radar (AMDR). Raytheon has been struggling for decades to secure a bigger role in the Aegis architecture, which is the most capable air defense system ever developed, and now it appears to have found a way in. The two companies will be struggling for supremacy in the naval electronics space for decades to come, but winning AMDR gives Raytheon reason to think it might one day catch up with its longtime rival. I have written a commentary for Forbes here.