The Multi-Spectral Targeting System is a turreted electro-optical and infrared sensor used in maritime and overland intelligence, surveillance and reconnaissance missions
Raytheon Technologies Corp. recently secured a contract to procure multi-spectral targeting systems (MTS) for the U.S. Navy Triton unmanned aircraft system and for the Royal Australian Air Force. The Naval Surface Warfare Center, Crane, IN awarded the deal.
Details of the Deal
Valued at $23.2 million, this contract aims to provide intelligence, surveillance and reconnaissance detection, identification and targeting capability in day/night operations for both manned and unmanned platforms through the MTS.Work related to this deal will be carried out in McKinney, TX.
The contract is scheduled to be completed by March 2023.
Significance of Multi-Spectral Targeting Systems
Raytheon Intelligence & Space’s MTS has the ability to combine electro-optical/ infrared (EO/IR), laser designation and laser illumination in a single sensor package. It provides detailed intelligence data from the visual and infrared spectrum in support of the U.S. military, civilian and allied missions worldwide.
With approximately four million operational flight hours, the MTS sensors boast multiple fields of view, electronic zoom, multimode video tracking feature. Moreover, these are designed to incorporate future growth options and performance enhancements.
Due to its enhanced features suitable for various military missions, Raytheon Technologies has been witnessing significant order growth for MTS. To date, Raytheon Intelligence & Space has delivered more than 3,000 MTS sensors to the U.S. and international armed forces. It has successfully integrated 44 variants of the system in more than 20 rotary-wing, Unmanned Aerial Systems and fixed-wing platforms, reflecting strong demand for MTS.
Raytheon Technologies may continue to witness a steady inflow of orders for MTS from the U.S. Navy and its foreign allies. This, in turn, should bolster its revenues.
Factors in Favour of Raytheon Technologies
Developed and developing economies across the globe have been increasing their defense spending consistently in a bid to strengthen their warfare capabilities. This, in turn, has increased demand for various military arsenals and equipment. Consequently, the quest for an efficient and effective MTS, which could provide long-range surveillance, high altitude, target acquisition, tracking, range finding and laser designation for varied military expeditions, also gained momentum.
Subsequently, this resulted in multiple contract wins for Raytheon Technologies, which enjoys a leading position in manufacturing MTS.
Photo: Raytheon Technologies photo illustration created by Grant Parsley
Source: Press Release