Raytheon awarded contract for Tomahawk cruise missiles
Raytheon, an RTX business, has been awarded a seven-year $22.9 billion contract accelerating the production of Tomahawk cruise missiles for the US Navy.
The contract follows the landmark agreements between Raytheon and the Department of War and supports the annual production ramp to more than 1,000 Tomahawk missiles.
"Tomahawk is the Navy's most important strike weapon, able to target hostile forces hundreds of miles away without ever risking the lives of our sailors," said Raytheon President Phil Jasper.
RTX has invested heavily in recent years to ramp production of Tomahawk and other critical munitions, delivering three times more Tomahawks in the first half of 2026 compared to the first half of 2025, a Raytheon statement said.
Tomahawk cruise missiles remain one of the US military's most proven and versatile long range strike capabilities.
