US Awards Raytheon $22.9 Billion Deal to Boost Tomahawk

The US military has awarded Raytheon a $22.9 billion, seven-year contract to expand Tomahawk missile production from 60 to more than 1,000 annually. The deal comes as Washington seeks to rebuild depleted stocks after supplying weapons to allies and using munitions in the Iran conflict.

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.

The U.S. military, scrambling to rebuild depleted stocks of high-tech weaponry, awarded Raytheon $22.9 billion to dramatically boost Tomahawk production.

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

The Department of War awarded Raytheon a $22.9 billion contract to accelerate Tomahawk missile production as Trump dismisses weapons stockpile concerns.

US awards Raytheon $22.9 billion seven-year deal to boost Tomahawk output  Reuters