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Stock impact report

RTX’s Raytheon awards TTM Technologies a multi-year contract for LTAMDS radar components with a potential value of $200 million

TTM Technologies, Inc. (TTMI) 
Last ttm technologies, inc. earnings: 4/29 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.ttm.com
Company Research Source: GlobeNewswire
COSTA MESA, Calif., Jan. 28, 2026 (GLOBE NEWSWIRE) -- TTM Technologies, Inc. (NASDAQ: TTMI) (“TTM”) and Raytheon, an RTX business (NYSE: RTX), have reached a multi-year agreement to provide radio frequency assemblies, electronic hardware, and printed circuit boards supporting Raytheon’s Lower Tier Air and Missile Defense Sensor (“LTAMDS”). The potential value is $200 million over a three-year period. This agreement builds on TTM’s support of LTAMDS’ development and production-readiness activities, helping maintain program schedules and deliver hardware aligned to customer milestones. “Establishing a multi-year contract with TTM for LTAMDS will allow us to meet our accelerated delivery schedule while reducing costs,” said Mike Mills, Raytheon Vice President of LTAMDS and GhostEye Programs. TTM designs, manufactures and tests the Beam Forming Network (“BFN”), printed wiring boards, and specialized assemblies for the LTAMDS and GhostEye radars. Multi-year commitments allow a strateg Show less Read more
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