{"success":true,"data":{"pressRelease":{"id":"155270","rtpr_id":"nPnb51v3qa-20260929","ticker":"LYNX","exchange":"NYSE","all_tickers":["LYNX"],"title":"Lyntris Selected by Raytheon to support Multi-Year LTAMDS Radar Production Under Expanded Long-Term Agreement","author":"PR Newswire","published_at":"2026-09-29T12:00:06.030Z","article_body":"Lyntris Selected by Raytheon to support Multi-Year LTAMDS Radar Production Under Expanded Long-Term Agreement\nPR Newswire\n\nWASHINGTON, Sept. 29, 2026\n\nProduction awards under long-term purchase agreement reinforce Lyntris' role\nin enabling integrated air and missile defense\n\nWASHINGTON, Sept. 29, 2026 /PRNewswire/ -- Lyntris Inc.\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4784624-1&h=2668673816&u=https%3A%2F%2Fwww.lyntris.com%2F&a=Lyntris+Inc.)\n(NYSE: LYNX), a defense technology company delivering sense-to-act\nconnectivity solutions for the modern connected battlespace, today announced\nit has received production orders from Raytheon, an RTX business, supporting\nOption Years Two and Three of the U.S. Army's Lower Tier Air and Missile\nDefense Sensor (LTAMDS) program. The orders fall under the long-term purchase\nagreement Lyntris established with Raytheon in 2023 and cover production\ndemand through 2028.\n\nLTAMDS is expected to be the U.S. Army's replacement for the Patriot radar and\nthe sensing foundation of its Integrated Air and Missile Defense architecture.\nThe system will provide 360-degree surveillance and fire control from a single\nsensor, closing the rear-sector gap that constrained the fielded fleet. It\nwill provide air defenders with detection, tracking, and engagement against\nmaneuvering hypersonic, cruise missile, and unmanned threats. The U.S. Army\nhas moved the program from development into full-rate production, with\nRaytheon serving as prime contractor.\n\nUnder the production orders, Lyntris will manufacture the precision thermal\nmanagement assemblies that enable LTAMDS active electronically scanned array\n(AESA) performance. The assemblies will combine liquid cooling circuits with\ntight-tolerance machined features that hold thermal stability across\nhigh-power radar electronics, where temperature variation shortens component\nlife. Production will run across the company's Newark, California and Carson\nCity, Nevada facilities.\n\nLyntris has manufactured RF and thermal management hardware for fielded radar\nprograms for more than 20 years, in a segment where qualification cycles are\nlong and few suppliers can hold the tolerances that high-power AESA arrays\nrequire at production volume. Leveraging such qualified base, Lyntris\nanticipates scaling from development quantities into sustained rate production\nwithout requalification delay. Lyntris' vertically integrated manufacturing\nallows consolidation of work that would otherwise span multiple vendors,\nreducing schedule risk for a program the U.S. Army has prioritized for\naccelerated fielding.\n\n\"LTAMDS is one of the U.S. Army's highest-priority modernization programs, and\nRaytheon needs suppliers who can hold quality while volume climbs,\" said Brian\nMorrison, CEO of Lyntris. \"These orders reflect years of investment in the\nmanufacturing base required to deliver mission-critical hardware at rate, and\nthey extend a partnership that goes back 13 years.\"\n\n\"Thermal management is where AESA radar performance is won or lost — the\narray can only radiate what the cooling system can carry away,\" said Matt\nParisi, Vice President at Lyntris. \"Our team has built the process discipline\nto hold those tolerances shipset after shipset, and that repeatability is what\na production program demands.\"\n\nLTAMDS is managed by the U.S. Army Portfolio Executive Office – Fires at\nRedstone Arsenal, Alabama.\n\nAbout Lyntris\nLyntris is a defense technology company delivering sense-to-act connectivity\nsolutions for the modern, connected battlespace. Combining differentiated\nhardware, software and mission expertise, Lyntris helps customers detect\nthreats earlier, decide faster and act with precision in contested,\nmulti-domain environments.\n\nForward-Looking Statements\nThis press release contains \"forward-looking statements\" within the meaning of\nSection 27A of the Securities Act of 1933, as amended, and Section 21E of the\nSecuritiesExchange Act of 1934, as amended. These forward-looking statements\nare made pursuant to the safe harbor provisions of the Private Securities\nLitigation Reform Act of 1995. Forward-looking statements generally can be\nidentified by the use of forward-looking terminology such as \"expect,\"\n\"believe,\" \"anticipate,\" \"may,\" \"could,\" \"intend,\" \"plan,\" \"estimate,\"\n\"target,\" \"predict,\" \"project,\" \"will,\" \"should,\" \"forecast,\" \"outlook\" or\nsimilar expressions, or by discussion of strategies, plans or intentions.\nForward-looking statements in this press release include, but are not limited\nto, statements regarding: the expected scope, value and timing of orders under\nthe long-term purchase agreement with Raytheon; the anticipated performance\nand capabilities of Lyntris' assemblies; expected production volumes and\nmanufacturing timelines; and the potential for expanded business\nopportunities. These statements are based on current expectations, estimates,\nassumptions and projections of Lyntris' management and are neither predictions\nnor guarantees of future events, circumstances or performance. Forward-looking\nstatements are inherently subject to known and unknown risks, uncertainties\nand assumptions that could cause actual results to differ materially from\nthose expressed or implied by such statements. Important factors that could\ncause actual results to differ materially from those discussed in the\nforward-looking statements include, without limitation: the long-term purchase\nagreement structure does not guarantee any particular volume or timing of\norders beyond those already received; Lyntris' dependence on U.S. government\ndefense budgets and appropriations; risks associated with performance on\nfixed-price or cost-type government contracts; the competitive environment for\nRF, thermal management and precision manufacturing technologies; supply chain\ndisruptions or constraints on specialized materials and components; Lyntris'\nability to scale production to meet customer demand; our ability to protect\nand enforce proprietary technology and intellectual property rights; the\ninherent uncertainties in complex defense programs, including potential\nschedule delays, technical challenges or cost overruns; changes in applicable\nlaws, regulations or government procurement policies; and other factors\ndescribed under \"Risk Factors\" in Lyntris' filings with the Securities and\nExchange Commission, including its registration statement on Form S-1, as\namended, copies of which are available free of charge at the SEC's website at\nwww.sec.gov (http://www.sec.gov) under Lyntris Inc. The forward-looking\nstatements included in this announcement are only made as of the date of this\nannouncement. Factors or events that could cause our actual results to differ\nmay emerge from time to time, and it is not possible for us to predict all of\nthem. We may not actually achieve the plans, intentions or expectations\ndisclosed in our forward-looking statements and you should not place undue\nreliance on our forward-looking statements. We undertake no obligation to\npublicly update or review any forward-looking statement, whether as a result\nof new information, future developments or otherwise, except as may be\nrequired by any applicable law. Nothing in this press release, including use\nor display of third parties' trademarks, service marks, trade name or\nproducts, should be construed as an approval, endorsement, guarantee or\nsponsorship by any third parties of Lyntris Inc., its products, business or\nfinancial performance or any aspect of this press release.\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/lyntris-selected-by-raytheon-to-support-multi-year-ltamds-radar-production-under-expanded-long-term-agreement-302892115.html\n(https://www.prnewswire.com/news-releases/lyntris-selected-by-raytheon-to-support-multi-year-ltamds-radar-production-under-expanded-long-term-agreement-302892115.html)\n\nSOURCE Lyntris\n\n\n\nInvestor Contact: ir@lyntris.com, Media Contact: media@lyntris.com\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS1840727/Lyntris-Logo.jpg?id=OA2974878\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPnb51v3qa-20260929","title":"Lyntris Selected by Raytheon to support Multi-Year LTAMDS Radar Production Under Expanded Long-Term Agreement","author":"PR Newswire","ticker":"LYNX","created":"2026-09-29T12:00:06.030Z","tickers":["LYNX"],"exchange":"NYSE","article_body":"Lyntris Selected by Raytheon to support Multi-Year LTAMDS Radar Production Under Expanded Long-Term Agreement\nPR Newswire\n\nWASHINGTON, Sept. 29, 2026\n\nProduction awards under long-term purchase agreement reinforce Lyntris' role\nin enabling integrated air and missile defense\n\nWASHINGTON, Sept. 29, 2026 /PRNewswire/ -- Lyntris Inc.\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4784624-1&h=2668673816&u=https%3A%2F%2Fwww.lyntris.com%2F&a=Lyntris+Inc.)\n(NYSE: LYNX), a defense technology company delivering sense-to-act\nconnectivity solutions for the modern connected battlespace, today announced\nit has received production orders from Raytheon, an RTX business, supporting\nOption Years Two and Three of the U.S. Army's Lower Tier Air and Missile\nDefense Sensor (LTAMDS) program. The orders fall under the long-term purchase\nagreement Lyntris established with Raytheon in 2023 and cover production\ndemand through 2028.\n\nLTAMDS is expected to be the U.S. Army's replacement for the Patriot radar and\nthe sensing foundation of its Integrated Air and Missile Defense architecture.\nThe system will provide 360-degree surveillance and fire control from a single\nsensor, closing the rear-sector gap that constrained the fielded fleet. It\nwill provide air defenders with detection, tracking, and engagement against\nmaneuvering hypersonic, cruise missile, and unmanned threats. The U.S. Army\nhas moved the program from development into full-rate production, with\nRaytheon serving as prime contractor.\n\nUnder the production orders, Lyntris will manufacture the precision thermal\nmanagement assemblies that enable LTAMDS active electronically scanned array\n(AESA) performance. The assemblies will combine liquid cooling circuits with\ntight-tolerance machined features that hold thermal stability across\nhigh-power radar electronics, where temperature variation shortens component\nlife. Production will run across the company's Newark, California and Carson\nCity, Nevada facilities.\n\nLyntris has manufactured RF and thermal management hardware for fielded radar\nprograms for more than 20 years, in a segment where qualification cycles are\nlong and few suppliers can hold the tolerances that high-power AESA arrays\nrequire at production volume. Leveraging such qualified base, Lyntris\nanticipates scaling from development quantities into sustained rate production\nwithout requalification delay. Lyntris' vertically integrated manufacturing\nallows consolidation of work that would otherwise span multiple vendors,\nreducing schedule risk for a program the U.S. Army has prioritized for\naccelerated fielding.\n\n\"LTAMDS is one of the U.S. Army's highest-priority modernization programs, and\nRaytheon needs suppliers who can hold quality while volume climbs,\" said Brian\nMorrison, CEO of Lyntris. \"These orders reflect years of investment in the\nmanufacturing base required to deliver mission-critical hardware at rate, and\nthey extend a partnership that goes back 13 years.\"\n\n\"Thermal management is where AESA radar performance is won or lost — the\narray can only radiate what the cooling system can carry away,\" said Matt\nParisi, Vice President at Lyntris. \"Our team has built the process discipline\nto hold those tolerances shipset after shipset, and that repeatability is what\na production program demands.\"\n\nLTAMDS is managed by the U.S. Army Portfolio Executive Office – Fires at\nRedstone Arsenal, Alabama.\n\nAbout Lyntris\nLyntris is a defense technology company delivering sense-to-act connectivity\nsolutions for the modern, connected battlespace. Combining differentiated\nhardware, software and mission expertise, Lyntris helps customers detect\nthreats earlier, decide faster and act with precision in contested,\nmulti-domain environments.\n\nForward-Looking Statements\nThis press release contains \"forward-looking statements\" within the meaning of\nSection 27A of the Securities Act of 1933, as amended, and Section 21E of the\nSecuritiesExchange Act of 1934, as amended. These forward-looking statements\nare made pursuant to the safe harbor provisions of the Private Securities\nLitigation Reform Act of 1995. Forward-looking statements generally can be\nidentified by the use of forward-looking terminology such as \"expect,\"\n\"believe,\" \"anticipate,\" \"may,\" \"could,\" \"intend,\" \"plan,\" \"estimate,\"\n\"target,\" \"predict,\" \"project,\" \"will,\" \"should,\" \"forecast,\" \"outlook\" or\nsimilar expressions, or by discussion of strategies, plans or intentions.\nForward-looking statements in this press release include, but are not limited\nto, statements regarding: the expected scope, value and timing of orders under\nthe long-term purchase agreement with Raytheon; the anticipated performance\nand capabilities of Lyntris' assemblies; expected production volumes and\nmanufacturing timelines; and the potential for expanded business\nopportunities. These statements are based on current expectations, estimates,\nassumptions and projections of Lyntris' management and are neither predictions\nnor guarantees of future events, circumstances or performance. Forward-looking\nstatements are inherently subject to known and unknown risks, uncertainties\nand assumptions that could cause actual results to differ materially from\nthose expressed or implied by such statements. Important factors that could\ncause actual results to differ materially from those discussed in the\nforward-looking statements include, without limitation: the long-term purchase\nagreement structure does not guarantee any particular volume or timing of\norders beyond those already received; Lyntris' dependence on U.S. government\ndefense budgets and appropriations; risks associated with performance on\nfixed-price or cost-type government contracts; the competitive environment for\nRF, thermal management and precision manufacturing technologies; supply chain\ndisruptions or constraints on specialized materials and components; Lyntris'\nability to scale production to meet customer demand; our ability to protect\nand enforce proprietary technology and intellectual property rights; the\ninherent uncertainties in complex defense programs, including potential\nschedule delays, technical challenges or cost overruns; changes in applicable\nlaws, regulations or government procurement policies; and other factors\ndescribed under \"Risk Factors\" in Lyntris' filings with the Securities and\nExchange Commission, including its registration statement on Form S-1, as\namended, copies of which are available free of charge at the SEC's website at\nwww.sec.gov (http://www.sec.gov) under Lyntris Inc. The forward-looking\nstatements included in this announcement are only made as of the date of this\nannouncement. Factors or events that could cause our actual results to differ\nmay emerge from time to time, and it is not possible for us to predict all of\nthem. We may not actually achieve the plans, intentions or expectations\ndisclosed in our forward-looking statements and you should not place undue\nreliance on our forward-looking statements. We undertake no obligation to\npublicly update or review any forward-looking statement, whether as a result\nof new information, future developments or otherwise, except as may be\nrequired by any applicable law. Nothing in this press release, including use\nor display of third parties' trademarks, service marks, trade name or\nproducts, should be construed as an approval, endorsement, guarantee or\nsponsorship by any third parties of Lyntris Inc., its products, business or\nfinancial performance or any aspect of this press release.\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/lyntris-selected-by-raytheon-to-support-multi-year-ltamds-radar-production-under-expanded-long-term-agreement-302892115.html\n(https://www.prnewswire.com/news-releases/lyntris-selected-by-raytheon-to-support-multi-year-ltamds-radar-production-under-expanded-long-term-agreement-302892115.html)\n\nSOURCE Lyntris\n\n\n\nInvestor Contact: ir@lyntris.com, Media Contact: media@lyntris.com\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS1840727/Lyntris-Logo.jpg?id=OA2974878\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-09-29T12:00:06.082165188Z","server_sent_at_ms":1790683206082},"received_at":"2026-09-29T12:00:06.139Z","source_url":"https://www.prnewswire.com/news-releases/lyntris-selected-by-raytheon-to-support-multi-year-ltamds-radar-production-under-expanded-long-term-agreement-302892115.html"},"analysis":{"id":"144001","press_release_id":"155270","analysis_json":{"industry":{"label":"Aerospace & Defense","sector":"Industrials"},"redFlags":["long-term agreement structure does not guarantee volumes or timing of orders beyond those already received","no dollar value of the production orders disclosed","dependence on U.S. government defense budgets and appropriations; fixed-price contract risk"],"eventType":"operations_update","narrative":"Lyntris received production orders from Raytheon supporting Option Years Two and Three of the U.S. Army's LTAMDS radar program, with production demand covered through 2028.\n\nLyntris will manufacture precision thermal management assemblies for the LTAMDS AESA radar at its Newark, California and Carson City, Nevada facilities, scaling from development quantities to sustained rate production without requalification delay.\n\nLTAMDS, the Patriot radar replacement, has moved into full-rate production with Raytheon as prime — the orders deepen a 13-year Lyntris-Raytheon partnership, though the agreement does not guarantee specific order volumes.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Lyntris locks in multi-year LTAMDS thermal-management production through 2028 as the Army's Patriot radar replacement hits full-rate production."},"keyFigures":{"customDimensions":{"partnership_tenure_years":13,"production_demand_through":2028}},"quotedText":"LTAMDS is one of the U.S. Army's highest-priority modernization programs, and Raytheon needs suppliers who can hold quality while volume climbs","namedEntities":{"people":[{"name":"Brian Morrison","role":"CEO of Lyntris"},{"name":"Matt Parisi","role":"Vice President at Lyntris"}],"products":["LTAMDS","precision thermal management assemblies","AESA radar"],"companies":[{"name":"Lyntris Inc.","ticker":"LYNX","relationship":"filer/supplier"},{"name":"Raytheon","relationship":"prime contractor/customer"},{"name":"RTX","relationship":"parent of Raytheon"},{"name":"U.S. Army","relationship":"end customer"}],"dollarAmounts":[]},"materialImpact":{"score":3,"reasoning":"Production orders under a long-term agreement supporting Option Years Two and Three of the U.S. Army's LTAMDS program through 2028 — a meaningful revenue-visibility win on a priority Army modernization program, though no order values are disclosed and volumes are not guaranteed."},"tickerRelevance":{"others":[],"primary":"LYNX"},"globalImportance":30,"audienceRelevance":20,"eventTypeSecondary":["partnership"],"importanceComponents":{"tickerTier":"small/mid-cap","eventGravity":"contract win on priority defense program","orderValueDisclosed":false,"retailFavoriteBoost":0}},"event_type":"operations_update","event_type_secondary":["partnership"],"sentiment":"bullish","material_impact_score":3,"narrative":"Lyntris received production orders from Raytheon supporting Option Years Two and Three of the U.S. Army's LTAMDS radar program, with production demand covered through 2028.\n\nLyntris will manufacture precision thermal management assemblies for the LTAMDS AESA radar at its Newark, California and Carson City, Nevada facilities, scaling from development quantities to sustained rate production without requalification delay.\n\nLTAMDS, the Patriot radar replacement, has moved into full-rate production with Raytheon as prime — the orders deepen a 13-year Lyntris-Raytheon partnership, though the agreement does not guarantee specific order volumes.","key_figures":{"customDimensions":{"partnership_tenure_years":13,"production_demand_through":2028}},"named_entities":{"people":[{"name":"Brian Morrison","role":"CEO of Lyntris"},{"name":"Matt Parisi","role":"Vice President at Lyntris"}],"products":["LTAMDS","precision thermal management assemblies","AESA radar"],"companies":[{"name":"Lyntris Inc.","ticker":"LYNX","relationship":"filer/supplier"},{"name":"Raytheon","relationship":"prime contractor/customer"},{"name":"RTX","relationship":"parent of Raytheon"},{"name":"U.S. Army","relationship":"end customer"}],"dollarAmounts":[]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-29T12:00:37.922Z","global_importance":30,"audience_relevance":20,"importance_components":{"tickerTier":"small/mid-cap","eventGravity":"contract win on priority defense program","orderValueDisclosed":false,"retailFavoriteBoost":0}},"durationMs":5891,"modelName":"glm-5.3-flashx"}}