Navy awarded $22.9B contract to Raytheon to accelerate Tomahawk missile production

On Monday, acting Navy Secretary Hung Cao announced that the U.S. Navy awarded a $22.9 billion contract to Raytheon to accelerate production of Tomahawk missiles amid a munitions shortage in the months after the start of the Iran war. The contract “reinforces the Department’s commitment to rebuilding the defense indust

The Department of War and Raytheon agreed on Monday to a contract worth $22.9 billion to significantly increase production of Tomahawk cruise missiles for the Navy, an important weapon in the war with Iran. The announcement comes as the department seeks to expand the capacity of the defense industrial base not only to

The landmark seven-year contract will dramatically increase Tomahawk production as the US seeks to replenish stocks of high-tech weaponry used by Washington and supplied to allies.

A US Navy destroyer launches a Tomahawk missile against Iran. US Navy photo The US awarded a massive contract to defense firm RTX to boost Tomahawk missile production. The $22.9 billion contract will see annual production rise to more than 1,000 missiles. The announcement comes after US forces in the Middle East launc

Raytheon said that the deal will boost annual Tomahawk output to over 1,000 missiles, up from its present rate of 60 per year

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