Raytheon wins DARPA contract to develop faster all-optical threat detection system.

Raytheon has secured a phase one contract from DARPA to develop an all-optical processing system under the PICASSO program. This technology uses light instead of electricity to process signals, enabling faster threat detection and response with improved situational awareness. By eliminating the need to convert optical signals to electrical ones, the system maintains signal integrity and can handle more complex, smaller circuits. Raytheon is collaborating with Synopsys for design tools and is hiring to support this and other military tech programs.

Raytheon Technologies Corp currently holds a market cap of $273.65 billion and offers a dividend yield of 1.44% as of Nov 03, 2026 20:11 WIB. The stock price is USD 201.56, down 0.61% on the day, with a trading volume of 4,329,277 shares. On Pluang, 83% of order activity is buying, reflecting investor interest despite the slight price dip.