The U.S. Navy has awarded a multi-year contract authorizing Raytheon Company (NYSE: RTN) to begin development of the Advanced Airborne Sensor, the follow-on to the Littoral Surveillance Radar System (LSRS).
The AAS program will equip the P-8A Poseidon, the Navy's next patrol maritime aircraft. LSRS is currently operational on Navy P-3C Orions; the AAS will provide airborne radar surveillance with next-generation line-of-site capability.
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