US Awards Raytheon $22.9 Billion to Ramp Tomahawk Missile Production
The U.S. military awarded RTX unit Raytheon a $22.9 billion, seven-year contract to boost Tomahawk cruise missile production from 60 to over 1,000 annually. The deal, announced by Acting Navy Secretary Hung Cao, aims to replenish depleted stocks after arms supplies to allies and use in the Iran conflict. It formalizes a February framework agreement and is part of broader Trump administration efforts to secure multi-year defense contracts, including for Patriot and THAAD systems.
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US Expands Tomahawk Production with $23 Billion Contract
The US War Department has awarded Raytheon, an RTX business, a $22.9 billion contract to accelerate production of Tomahawk land attack missiles (TLAMs). The surface-to-surface missile, costing $4 million per unit with a 1,000-mile range, has been a cornerstone of US strike campaigns since 1991. The contract aims to replenish stockpiles depleted by high consumption rates, including over 400 TLAMs launched in the first 72 hours of the 2026 Iran war. Raytheon aims to increase annual production from 60-90 missiles to 1,000 through new funds and internal expansion. Acting Secretary of the Navy Hung Cao stated the deal will deliver missiles at 'unprecedented speed' by expanding the workforce and reinforcing supply chains. The contract is part of broader Pentagon procurement reforms under the Acquisition Transformation Strategy, which encourages industry investment in new plants and production lines.
US Awards $22.9 Billion Contract to Raytheon for Tomahawk Missile Production
The US War Department has awarded Raytheon, an RTX business, a $22.9 billion contract to accelerate production of Tomahawk land attack missiles (TLAMs). The 1,000-mile range cruise missile, costing $4 million per unit, has been a cornerstone of US long-range strike capabilities, notably used extensively in the 2026 Iran war where over 400 TLAMs were launched in the first 72 hours. The US is not expected to return to pre-war inventory levels until late 2030 or early 2031. Raytheon aims to increase annual production from 60-90 missiles to 1,000 through new government funds and internal expansion, including workforce increases and supply chain reinforcement. Acting Secretary of the Navy Hung Cao stated the deal will deliver missiles at 'unprecedented speed.' The contract is part of broader procurement reforms under the Acquisition Transformation Strategy, which encourages investment in new plants and production lines.
US Awards $22.9 Billion Contract to Raytheon for Tomahawk Missile Production Expansion
The US War Department has awarded Raytheon, an RTX business, a $22.9 billion contract to accelerate production of Tomahawk land attack missiles (TLAMs). The 1,000-mile range cruise missile, costing $4 million per unit, has been a cornerstone of US long-range strike capabilities since Desert Storm. The contract aims to replenish stockpiles depleted by high consumption rates, including over 400 TLAMs launched in the first 72 hours of the 2026 Iran war, representing about 10% of ready-to-fire inventory. Raytheon delivered three times more TLAMs in the first half of 2026 compared to 2025 and aims to reach 1,000 missiles annually through government funds and internal expansion. Acting Secretary of the Navy Hung Cao stated the deal will deliver missiles at unprecedented speed by increasing workforce, manufacturing throughput, and reinforcing supply chains. The War Department previously broke ground on a new Indiana campus to collocate munition manufacturers, and Defense Secretary Pete Hegseth encouraged industry investment in new plants and production lines under the November 2025 Acquisition Transformation Strategy.
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US Expands Tomahawk Production with $23 Billion Contract
Raytheon, an RTX business, has been awarded a $22.9 billion contract by the US War Department for the production of Tomahawk cruise missiles. This significant investment underscores the US military's commitment to expanding its long-range precision strike capabilities. The Tomahawk is a widely used, ship- and submarine-launched cruise missile capable of striking land targets with high accuracy. The contract represents a major boost for Raytheon's manufacturing operations and signals sustained demand for advanced missile systems amid global security concerns.
US Awards $22.9 Billion Contract to Raytheon for Tomahawk Missile Production
The US War Department has awarded Raytheon, an RTX business, a $22.9 billion contract to accelerate production of Tomahawk land attack missiles (TLAMs). The missile, costing $4 million per unit with a 1,000-mile range, has been a cornerstone of US strike capabilities since 1991. The contract aims to replenish stockpiles depleted during the Iran war in February 2026, when over 400 TLAMs were launched in the first 72 hours. Raytheon aims to increase annual production from 60-90 missiles to 1,000 through workforce expansion and supply chain reinforcement. The Center for Strategic and International Studies estimates pre-war inventory levels will not be restored until late 2030 or early 2031. The deal is part of broader procurement reforms under the Acquisition Transformation Strategy, emphasizing rapid delivery and lower barriers for non-traditional suppliers.
US expands Tomahawk production with $23bn contract
The US War Department has awarded Raytheon, an RTX business, a $22.9 billion contract to accelerate production of Tomahawk land attack missiles (TLAMs). The missile, with a range of 1,000 miles and costing $4 million per unit, has been a cornerstone of US strike campaigns since 1991. The contract aims to replenish stockpiles depleted by heavy use, including over 400 TLAMs launched in the first 72 hours of the Iran war in February 2026. Raytheon aims to increase production from 60-90 missiles per year to 1,000 annually through new government funds and internal expansion. The Acting Secretary of the Navy stated the deal will deliver missiles at 'unprecedented speed' by expanding the workforce, manufacturing throughput, and supply chains. The War Department has also invested in a new production campus in Indiana and implemented procurement reforms to accelerate delivery.
Raytheon awarded 7-year contract for Tomahawk cruise missiles
Raytheon has been awarded an unprecedented $22.9 billion, 7-year contract by the U.S. Department of War to dramatically accelerate production of Tomahawk cruise missiles for the U.S. Navy. The contract, part of the Arsenal of Freedom initiative, aims to ramp annual production to over 1,000 missiles and associated support. RTX (Raytheon's parent company) delivered three times more Tomahawks in the first half of 2026 compared to the same period in 2025. The company is investing heavily in workforce, technology, supply chain, and facilities to meet surging demand. Tomahawk missiles are described as the Navy's most important strike weapon, providing long-range, proven capabilities against high-value targets from various launch platforms, and the contract ensures stable supply for both the Navy and allied nations.
Raytheon awarded 7-year contract for Tomahawk cruise missiles
The U.S. Department of War awarded Raytheon a $22.9 billion, 7-year contract to dramatically accelerate production of Tomahawk cruise missiles for the U.S. Navy under the Arsenal of Freedom program. The contract supports ramping annual production to over 1,000 missiles and associated support, ensuring stable supply for the Navy and allies. Raytheon has already delivered three times more Tomahawks in the first half of 2026 compared to the same period in 2025. The company is investing in workforce, technology, supply chain, and facilities to boost capacity. Tomahawk missiles are described as the Navy's most important strike weapon, providing long-range strike capability from various launch platforms.
Raytheon awarded 7-year contract for Tomahawk cruise missiles
Raytheon has been awarded a $22.9 billion, 7-year contract by the U.S. Department of War to dramatically accelerate production of Tomahawk cruise missiles for the U.S. Navy. The contract, part of the Arsenal of Freedom program, aims to ramp annual production to over 1,000 missiles and associated support, ensuring a stable supply for the Navy and allies. RTX, Raytheon's parent company, delivered three times more Tomahawks in the first half of 2026 compared to the same period in 2025. The company is investing in workforce, technology, supply chain, and facilities to boost capacity and meet surging demand. Tomahawk missiles are described as the Navy's most important strike weapon, providing long-range, proven strike capability from various launch platforms.
Raytheon to dramatically expand Tomahawk production under $22.9 billion deal
The U.S. Navy awarded Raytheon a $22.9 billion, seven-year contract to dramatically accelerate production of the Tomahawk cruise missile, aiming to ramp annual output from 60 to over 1,000 missiles. Acting Navy Secretary Hung Cao stated the Pentagon is using every tool to meet operational demand. The deal comes amid reports that the Iran war has severely depleted U.S. weapons stockpiles; the Center for Strategic and International Studies estimates over 1,000 Tomahawks have been fired in that conflict, roughly one-third of the pre-war inventory. Raytheon President Phil Jasper called the Tomahawk the Navy's most important strike weapon. The company will collaborate with hundreds of small and mid-sized suppliers, though ramping up production may take 18 to 24 months due to complex supply chains.
US Navy awards Raytheon USD22.9 billion Tomahawk-production contract
The US Navy has awarded Raytheon a massive USD22.9 billion contract for the production of Tomahawk cruise missiles. This contract, reported by Janes, represents a significant investment in long-range precision strike capabilities. The Tomahawk is a key weapon system for the US Navy, used for land attack and anti-ship missions from submarines and surface ships. The award underscores the US military's focus on modernizing its missile arsenal amid global tensions and the need for extended-range strike options. The contract likely covers production, sustainment, and support over multiple years, ensuring the Tomahawk remains a cornerstone of US naval power projection.
US Navy awards Raytheon USD22.9 billion Tomahawk-production contract
The US Navy has awarded Raytheon a massive contract worth USD 22.9 billion for the production of Tomahawk cruise missiles. This multi-year deal, reported by Jane's Defence, represents a significant investment in the Navy's long-range precision strike capabilities. The Tomahawk is a key weapon system used by the US Navy and its allies for land attack and anti-ship missions. The contract covers the production of new missiles as well as support and sustainment services. This award underscores the continued importance of the Tomahawk missile in US naval strategy and the modernization of its strike capabilities.
US Navy awards Raytheon USD22.9 billion Tomahawk-production contract
The US Navy has awarded Raytheon a massive USD22.9 billion contract for the production of Tomahawk cruise missiles. This multi-year deal, reported by Janes, represents a significant investment in long-range precision strike capabilities for the US Navy. The Tomahawk is a long-range, all-weather, subsonic cruise missile used for deep land attack warfare. The contract underscores the US military's continued focus on modernizing its missile arsenal and maintaining a strategic edge in naval power projection. The award is expected to sustain and expand production lines, ensuring a steady supply of these critical munitions for the foreseeable future.
Raytheon awarded $23B contract to boost Tomahawk missile production
The U.S. Navy has awarded RTX subsidiary Raytheon a $22.9 billion contract to increase Tomahawk cruise missile production to 1,000 units per year over a multiyear period. The deal follows a February framework agreement with the Pentagon aimed at incentivizing defense primes to invest in production capacity. Raytheon has already delivered three times more Tomahawks in the first half of 2026 compared to the same period in 2025. The company is investing in workforce, technology, supply chain, and facilities to meet surging demand. Pentagon acquisition official Michael Duffey stated the award enhances the Joint Force's capabilities. Raytheon has also signed framework agreements to boost production of AMRAAM, Standard Missile-6, and Standard Missile-3 variants.
Raytheon gets massive $23B contract to boost Tomahawk production
The U.S. Navy awarded RTX subsidiary Raytheon a $22.9 billion contract to ramp up Tomahawk cruise missile production to 1,000 rounds per year over a multiyear period. The deal follows a February framework agreement with the Pentagon aimed at incentivizing defense primes to invest in production facilities and supply chains. RTX has already delivered three times more Tomahawks in the first half of 2026 compared to the same period in 2025. Pentagon acquisition chief Michael Duffey stated the award increases the ability to equip the Joint Force. Raytheon President Phil Jasper highlighted significant investments in workforce, technology, and supply chain. Similar framework agreements are in place for AMRAAM, Standard Missile-6, and Standard Missile-3 variants.
US commits €20 billion to supercharge Tomahawk missile production
The United States has announced a $22.9 billion (€19.76 billion) seven-year contract with Raytheon to dramatically increase production of Tomahawk cruise missiles, aiming to push annual output above 1,000 units. The Tomahawk is a key long-range precision-strike weapon capable of hitting targets over 1,000 kilometers from multiple platforms. The deal is part of the Pentagon's broader effort to expand the US defense industrial base and rapidly replenish munitions stockpiles amid surging demand from the US Navy and allied forces. Raytheon reported delivering three times as many Tomahawks in the first half of 2026 compared to the same period last year. The contract will also involve investments in workforce, facilities, technology, and supply chains. Additionally, the Trump administration recently approved the sale of Tomahawk missiles to Germany, with Chancellor Friedrich Merz announcing the purchase and planned stationing in Germany.
U.S. Navy’s $22.9B RTX Award to Accelerate Tomahawk Production Shows How America Plans to Fight Future Wars
On August 17, 2026, the U.S. Navy awarded Raytheon (an RTX business) a $22.9 billion, seven-year contract to accelerate Tomahawk cruise missile production to over 1,000 missiles per year. The deal, announced by the U.S. Department of War and RTX, aims to expand the long-range precision-strike arsenal, strengthen industrial capacity, and enhance deterrence. The Tomahawk missile allows U.S. surface ships and submarines to strike high-value targets from hundreds of miles away, reducing risk to personnel. The contract reflects a strategic shift toward treating missile-production capacity and arsenal depth as direct instruments of sustained combat power, particularly for demanding theaters like the Indo-Pacific. The article also references Operation Epic Fury against Iran in February 2026, where Tomahawk missiles were used in the opening phase.
U.S. Navy’s $22.9B RTX Award to Accelerate Tomahawk Production Shows How America Plans to Fight Future Wars
On August 17, 2026, the U.S. Navy awarded Raytheon (an RTX business) a $22.9 billion, seven-year contract to accelerate production of Tomahawk cruise missiles to over 1,000 units per year. The deal, announced by the U.S. Department of War and RTX, aims to expand America's long-range precision-strike arsenal and strengthen industrial capacity as a deterrent. The Tomahawk missile allows U.S. surface ships and submarines to strike high-value targets from hundreds of miles away, reducing exposure to enemy defenses. The contract is seen as a strategic shift treating missile-production capacity and arsenal depth as direct instruments of deterrence and sustained combat power, particularly for demanding theaters like the Indo-Pacific. The article also references the recent Operation Epic Fury against Iran (starting February 28, 2026) where Tomahawk missiles were employed in the opening phase.
US Awards Raytheon $22.9 Billion Deal to Boost Tomahawk Missile Production
The U.S. military has awarded RTX unit Raytheon a $22.9 billion contract to dramatically increase production of Tomahawk cruise missiles, from the current 60 per year to over 1,000 annually over seven years. The deal, announced by Acting Secretary of the Navy Hung Cao, aims to rebuild depleted stocks of high-tech weaponry after large-scale arms supplies to allies and use in the Iran conflict. The sea-launched Tomahawk is a key precision-strike weapon for the Navy's surface fleet and submarines. This formalizes a framework agreement signed in February and is part of the Trump administration's strategy to secure multi-year deals with major defense contractors, following similar agreements to ramp up production of Patriot and THAAD interceptor parts.
US awards Raytheon $22.9 billion deal to boost Tomahawk output
The U.S. military awarded RTX unit Raytheon a $22.9 billion contract to dramatically increase production of Tomahawk cruise missiles, from the current 60 per year to over 1,000 annually over seven years. The deal, announced on August 17, 2026, by Acting Secretary of the Navy Hung Cao, aims to rebuild depleted stocks of high-tech weaponry after the U.S. supplied large amounts of arms to allies and used munitions in the Iran conflict. The contract formalizes a framework agreement signed in February under the Trump administration, which is brokering multi-year deals with major defense contractors to invest in new facilities. The Tomahawk is a sea-launched, long-range precision strike missile used by Navy surface ships and submarines. Earlier in August, similar deals were signed to ramp up production of Patriot and THAAD interceptor missile parts.