RTX's Raytheon Wins $24.4 Billion US Navy Contract to Supply SM-6 Interceptors

05:51 PM EDT, 10/01/2026 (MT Newswires) -- RTX's (RTX) Raytheon said late Thursday it won a five-year contract from the US Navy worth up to $24.4 billion for the supply of Standard Missile-6 interceptors. The company has been consistently investing in its operations and facilities to boost capacity for the delivery of these interceptors, according to a statement. SM-6 can perform anti-air and anti-surface warfare, as well as ballistic missile defense, the company said.