Raytheon’s ‘Tippy Two’ Radar Gets Back In The Budget — Knock On Wood

[UPDATED 7pm with Sec. Hagel remarks] WASHINGTON: This afternoon, newly installed Defense Secretary Chuck Hagel gave a nod to a high-tech radar, the AN/TPY-2 — improbably nicknamed “Tippy Two” — as a key component of America’s burgeoning missile defenses. Next week could bring more good news for the radar’s manufacturer, Raytheon: Not only will the…