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US Navy Awards Raytheon $22.9 Billion Contract to Massively Boost Tomahawk Missile Production
๐Ÿ‡ฐ๐Ÿ‡ผ Kuwait /Conflict & Security

US Navy Awards Raytheon $22.9 Billion Contract to Massively Boost Tomahawk Missile Production

From Arab Times · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • The U.S. Navy awarded Raytheon a $22.9 billion contract to expand Tomahawk cruise missile production.
  • The seven-year deal aims to increase annual output from about 60 to over 1,000 missiles.
  • This move strengthens the U.S. defense industrial base and replenishes the nation's long-range strike weapons stockpile.

The U.S. Navy is significantly boosting its long-range strike capabilities with a massive $22.9 billion contract awarded to Raytheon. This seven-year agreement aims to dramatically expand the production of Tomahawk cruise missiles, a critical component of the Pentagon's arsenal.

The contract is designed to rapidly increase the manufacturing of these missiles, with annual production expected to surge from around 60 to more than 1,000. This expansion is crucial for replenishing the U.S. stockpile of long-range strike weapons.

The Department called upon industry to expand munitions production, and RTX has answered that call.

โ€” Michael P. DuffeyUnder Secretary of Defense for Acquisition and Sustainment, commenting on the contract.

Defense officials highlighted the importance of industry responding to the Pentagon's call for increased munitions production. The deal provides Raytheon with the necessary stability to grow its workforce, enhance manufacturing capacity, and fortify its supply chain. Acting Secretary of the Navy Hung Cao emphasized that the investment will accelerate the delivery of Tomahawk missiles to U.S. forces, underscoring a broader Pentagon strategy to shorten procurement timelines and bolster the defense industrial base.

This agreement would accelerate delivery of Tomahawk missiles to U.S. forces.

โ€” Hung CaoActing Secretary of the Navy, describing the significance of the deal for U.S. strike capabilities.
DistantNews Editorial

Originally published by Arab Times in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.