US Awards Raytheon $22.9 Billion Deal to Boost Tomahawk Output
Raytheon will accelerate Tomahawk production to more than 1,000 missiles a year as the Pentagon moves to rebuild depleted U.S. stocks.
- On Monday, the Pentagon awarded Raytheon a $22.9 billion, seven-year contract to significantly accelerate Tomahawk cruise missile production and replenish U.S. stockpiles.
- Persistent concerns about depleted precision-guided munitions inventories prompted the agreement, as U.S. stocks have been slashed by the ongoing conflict with Iran.
- RTX, Raytheon's parent company, raised 2026 capital spending to $3.1 billion to support ramping annual Tomahawk output to more than 1,000 missiles, up from roughly 60 per year.
- Acting Navy Secretary Hung Cao stated the contract will "accelerate Tomahawk missile delivery to our warfighters at unprecedented speed," ensuring lethal firepower.
- Earlier agreements also covered increased production of Patriot, THAAD, and AMRAAM interceptors as the administration of President Donald Trump seeks to stabilize the defense supply chain.
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119 Articles
The U.S. War Department announced the signing of an almost $23 billion contract with Raytheon to "accelerate the production of Tomahawk cruise missiles, in the context of a shortage caused by the war in Iran.
US signs $22.9 billion contract with Raytheon to increase Tomahawk productionThe US Defense has signed a seven-year contract with Raytheon for $22.9 billion to increase production of Tomahawk missiles to more than 1,000 annually. The deal will help restore supplies of high-precision weapons after deliveries to allies and the war with Iran.
The Trump administration must restore stocks of strategic weapons. The goal is to bring production to a thousand missiles per year from a current level of just 60
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