Monitor this situation.

Unsubscribe anytime.

[SITUATION] · [QUIET] · [BUSINESS]

2 clusters · 115 sources · 9 days · First seen 26 days ago · Last updated 18 days ago

US Navy Tomahawk missile production expansion

Overview

The US Navy has awarded a $22.9 billion multi-year contract to Raytheon, an RTX subsidiary, to accelerate the production of Tomahawk cruise missiles. The seven-year agreement aims to increase annual production from approximately 60 units to more than 1,000 missiles.

The contract is intended to replenish strategic stockpiles following munitions depletion linked to recent conflicts in Iran, where US forces reportedly utilized over 1,000 Tomahawk missiles. To meet this demand, Raytheon is investing in workforce expansion, facility upgrades, and supply chain strengthening.

Beyond the United States, the Tomahawk is utilized by the Royal Navy of the UK, the Royal Australian Navy, the Royal Netherlands Navy, and the Japan Maritime Self-Defense Force. The production ramp-up is part of broader efforts to ensure a stable supply for the US Navy and its international allies.

Entities

US Navy · Raytheon · RTX · U.S. Navy · Tomahawk

Timeline

18 days ago

[BUSINESS] 2 sources
Raytheon awarded $22.9 billion contract for Tomahawk missile production
Raytheon has secured a $22.9 billion, seven-year contract to increase annual Tomahawk cruise missile production to over 1,000 units for the US Navy and allied nations.
26 days ago

[BUSINESS] 113 sources
Raytheon awarded $22.9B contract to boost Tomahawk missile production
The US Navy awarded Raytheon a $22.9 billion contract to boost Tomahawk cruise missile production from 60 to over 1,000 units annually to replenish strategic stockpiles.

Sources

actualidad.rt.com · adenalghad.net · affaritaliani.it · aljazeera.com · apartheidmonitor.palestine-studies.org · arabic.euronews.com · arizonadailyindependent.com · armadainternational.com · articolo21.org · axanews.ro · baocalitoday.com · barq-news.com · bigodino.it · bitesize.hu · brasilemfolhas.com.br · cafef.vn · canaledieci.it · cnnportugal.iol.pt · dailyreckoning.com · dailytimes.com.pk · de.rt.com · deccanchronicle.com · defence24.pl · deia.eus · diarioestrategia.cl · dnyuz.com · editorialedomani.it · ekonomika.idnes.cz · entilocali-online.it · epochtimes.com · europesays.com · executivegov.com · eyyubiye63.com · fehmarn24.de · finance.technews.tw · finanzen100.de · forbes.ro · fr.businessam.be · freerepublic.com · g4media.ro · home.dgabc.com.br · horsetrainer.com · ibtimes.co.in · ibtimes.co.uk · inbusinessphx.com · infodefensa.com · interestingengineering.com · italpress.com