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RTX Raytheon Wins Up to $20.7B AMRAAM Contract

By Drooid · Sep 29, 2026, 3:05 AM UTC · How we work

Summary

Story summary

RTX Raytheon won a five-year AMRAAM contract worth up to $20.7 billion.
The agreement includes two optional years, allowing the total value to reach $20.7 billion.
The deal follows a Department of War pact to produce at least 1,900 missiles annually.
President Phil Jasper said RTX is investing in workforce, technology, supply chain and facilities.

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Story summary

RTX Raytheon won a five-year AMRAAM contract worth up to $20.7 billion.
The agreement includes two optional years, allowing the total value to reach $20.7 billion.
The deal follows a Department of War pact to produce at least 1,900 missiles annually.
President Phil Jasper said RTX is investing in workforce, technology, supply chain and facilities.