Raytheon and TTM Technologies Sign $200 Million Contract for Defense Production
Raytheon's missile and defense unit has signed a three-year contract valued at up to $200 million with TTM Technologies to enhance production efficiency and reduce costs. TTM will provide essential components, including radio frequency assemblies and printed circuit boards, for Raython's lower tier air and missile defense sensor, aligning with the Department of War's focus on strengthening supply chains and delivering urgent capabilities.
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Raytheon's missile and defense unit has entered a three-year agreement with TTM Technologies, potentially valued at $200 million, aimed at accelerating production and lowering costs. Under this contract, TTM will supply radio frequency assemblies, electronic hardware, and printed circuit boards for Raytheon's lower tier air and missile defense sensor.
TTM is responsible for designing, manufacturing, and testing the beam forming network, printed wiring boards, and specialized assemblies. The contract is intended to enhance TTM's capacity and deliver increased value to customers, aligning with the Department of War's priorities on supply chain strengthening and urgent capability delivery.
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