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Raytheon Boosts Missile Production Under $7 Billion Pentagon Deal

2/4/2026

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Summary

Story summary

Raytheon, a unit of RTX, signed a seven-year Pentagon agreement to increase production of missiles, including Tomahawks and AMRAAMs, to rebuild U.S. stockpiles.
Tomahawk production will rise from 60 to 1,000 units annually, with SM-3 interceptors and other missiles increasing.
Production will occur at facilities in Arizona, Alabama, and Massachusetts.
RTX CEO Chris Calio said the agreements expand government-industry collaboration for faster technology delivery.

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Story summary

Raytheon, a unit of RTX, signed a seven-year Pentagon agreement to increase production of missiles, including Tomahawks and AMRAAMs, to rebuild U.S. stockpiles.
Tomahawk production will rise from 60 to 1,000 units annually, with SM-3 interceptors and other missiles increasing.
Production will occur at facilities in Arizona, Alabama, and Massachusetts.
RTX CEO Chris Calio said the agreements expand government-industry collaboration for faster technology delivery.