Lyntris Receives Raytheon Production Orders for U.S. Army LTAMDS Radar Program
Key Facts
Lyntris received production orders from Raytheon to support the U.S. Army's Lower Tier Air and Missile Defense Sensor (LTAMDS) program. PR Newswire reported that the awards fall under an expanded long-term purchase agreement covering Option Years Two and Three, reinforcing Lyntris' role in providing connectivity solutions for integrated air and missile defense systems.
LYNX closed at $12.27 on September 28, 2026, with the stock reaching a day high of $12.91 and a low of $12.2 during that session. The new production orders cover demand through 2028, with manufacturing scheduled across the company's facilities in Newark, California and Carson City, Nevada to support the radar system designed as the replacement for the Patriot radar.