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US Awards Raytheon $22.9 Billion Deal to Boost Tomahawk Output

Raytheon will accelerate Tomahawk production to more than 1,000 missiles a year as the Pentagon moves to rebuild depleted U.S. stocks.

  • On Monday, the Pentagon awarded Raytheon a $22.9 billion, seven-year contract to significantly accelerate Tomahawk cruise missile production and replenish U.S. stockpiles.
  • Persistent concerns about depleted precision-guided munitions inventories prompted the agreement, as U.S. stocks have been slashed by the ongoing conflict with Iran.
  • RTX, Raytheon's parent company, raised 2026 capital spending to $3.1 billion to support ramping annual Tomahawk output to more than 1,000 missiles, up from roughly 60 per year.
  • Acting Navy Secretary Hung Cao stated the contract will "accelerate Tomahawk missile delivery to our warfighters at unprecedented speed," ensuring lethal firepower.
  • Earlier agreements also covered increased production of Patriot, THAAD, and AMRAAM interceptors as the administration of President Donald Trump seeks to stabilize the defense supply chain.
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The Trump administration must restore stocks of strategic weapons. The goal is to bring production to a thousand missiles per year from a current level of just 60

·Milan, Italy
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Washington has depleted its missile stockpiles during the Middle East fighting. The United States has decided to significantly increase production of long-range Tomahawk cruise missiles, spending over $20 billion under a contract with Raytheon, RBC-Ukraine reported, citing Reuters. The US Navy has signed a seven-year, $22.9 billion contract with Raytheon. Under the contract, production of Tomahawk cruise missiles is planned to increase from the …

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El Economista broke the news in Mexico City, Mexico on Monday, August 17, 2026.
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