RTX Raytheon wins USD 22.9 billion seven-year U.S. Navy Tomahawk missile contract

Reuters2026/08/17 12:10

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RTX’s Raytheon won a seven-year USD 22.9 billion U.S. Navy contract to accelerate Tomahawk cruise missile production.
Deal targets annual output above 1,000 Tomahawks, including associated support, over the multi-year period.
Program forms part of the Department of War’s Arsenal of Freedom initiative, aiming to stabilize long-term supply for the Navy and allies.
RTX plans additional investment in workforce, technology, supply chain, and facilities to expand Tomahawk capacity.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. RTX Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608170810PR_NEWS_USPR_____NE27444) on August 17, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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RTX Raytheon wins USD 22.9 billion seven-year U.S. Navy Tomahawk missile contract

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