US Navy signs $22.9 billion contract with Raytheon to boost Tomahawk missile production

🇺🇸 TASS (US) —
US Navy signs $22.9 billion contract with Raytheon to boost Tomahawk missile production

AI Summary

The US Navy awarded Raytheon a $22.9 billion contract to increase production of Tomahawk missiles in response to a call for expanding munitions production. The contract aims to support military readiness by boosting capabilities in missile manufacturing.

According to Under Secretary of War for Acquisition and Sustainment Michael P. Duffey, the Department called upon industry to expand munitions production, and RTX has answered that call

World Security Conflict Politics Markets Deals US Navy Raytheon Tomahawk missile munitions production defense contract military procurement Michael P. Duffey

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