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Stock impact report

Radar bases housing key US missile interceptor hit in Jordan and UAE, satellite images show [CNN]

Raytheon Technologies Corporation (RTX) 
Company Research Source: CNN
The radar system for an American THAAD missile battery in Jordan was struck and apparently destroyed in the first days of the US-Israeli strikes on Iran, a satellite image taken on Monday shows. Buildings housing similar radar systems were also hit at two locations in the United Arab Emirates, CNN analysis shows, although it is unclear if the equipment was damaged. The radar is a critical element for the high-end missile interceptor system, which is used to engage and destroy ballistic missiles as they fly toward their target. The US operates eight THAAD batteries, while the UAE operates two and Saudi Arabia one. This one was at the Muwaffaq Salti Air Base in Jordan, over 500 miles from Iran. The radar system for THAADs is the AN/TPY-2 transportable radar, manufactured by Raytheon. According to a 2025 Missile Defense Agency budget, it costs just shy of half-a-billion dollars. The image shows a pair of 13-foot craters in the sand near the radar, suggesting that it may have tak Show less Read more
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