Raytheon (NYSE:RTN) has reportedly checked the S-band radar’s technical maturity to detect space debris orbiting the Earth.
Raytheon Monitors Space For Debris
Space Fence, a subsidiary of the Waltham, Massachusetts, based American defense contractor and industrial corporation Raytheon (NYSE:RTN), has reportedly completed a comprehensive Preliminary Design Review of its S-band radar’s technical maturity to find out space debris orbiting the Earth.
David Gulla, Raytheon (NYSE:RTN)’s Integrated Defense Systems (IDS) business vice president of Global Integrated Sensors, said, “We feel confident that Raytheon (NYSE:RTN) is offering the U.S. Air Force an affordable, low-risk solution by virtue of mature and advanced technologies we’re employing. We have applied radar expertise Raytheon (NYSE:RTN) has acquired during the past 70 years to build a Space Fence system that detects and tracks resident space objects much smaller than with the system used today.”
Raytheon (NYSE:RTN) shares were at 52.93 at the end of the last day’s trading. There’s been a 8.5% movement in the stock price over the past 3 months.