Wire flash
ConflictThe 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.
Naval NewsWestern
US Awards Raytheon $22.9 Billion to Ramp Tomahawk Missile Production