{"id":995922,"date":"2026-08-17T08:16:15","date_gmt":"2026-08-17T12:16:15","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/rtxs-raytheon-awarded-seven-year-contract-for-tomahawk-cruise-missiles\/"},"modified":"2026-08-17T08:16:15","modified_gmt":"2026-08-17T12:16:15","slug":"rtxs-raytheon-awarded-seven-year-contract-for-tomahawk-cruise-missiles","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/rtxs-raytheon-awarded-seven-year-contract-for-tomahawk-cruise-missiles\/","title":{"rendered":"RTX&#8217;s Raytheon awarded seven-year contract for Tomahawk cruise missiles"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <b><br \/>\n          <i>Contract accelerates production of critical precision-strike weapon<\/i><br \/>\n        <\/b>\n      <\/p>\n<p>\n        <span class=\"legendSpanClass\">TUCSON, Ariz.<\/span>, <span class=\"legendSpanClass\">Aug. 17, 2026<\/span> \/PRNewswire\/ &#8212; Raytheon, an RTX (NYSE: RTX) business, will dramatically accelerate the production of Tomahawk cruise missiles for the U.S. Navy over the multi-year period under the terms of an unprecedented $22.9 billion contract, awarded as part of the Department of War&#8217;s Arsenal of Freedom.<\/p>\n<p>This contract follows\u00a0the <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4753539-1&amp;h=920540883&amp;u=https%3A%2F%2Fwww.rtx.com%2Fnews%2Fnews-center%2F2026%2F02%2F04%2Frtxs-raytheon-partners-with-department-of-war-on-five-landmark-agreements-to-exp&amp;a=landmark+agreements\" target=\"_blank\" rel=\"nofollow\">landmark agreements<\/a>\u00a0between Raytheon and the Department of War and supports the annual production ramp to more than 1,000 Tomahawk missiles and associated support, ensuring a stable, predictable supply for the Navy and allies.<\/p>\n<p>&#8220;Tomahawk is the Navy&#8217;s most important strike weapon, able to target hostile forces hundreds of miles away without ever risking the lives of our sailors,&#8221; said Raytheon President Phil Jasper.\u00a0 &#8220;We are making significant investments in our workforce, technology, supply chain and facilities to dramatically boost production capacity and meet surging demand.&#8221;<\/p>\n<p>RTX\u00a0has invested heavily in recent years to ramp production of Tomahawk and other critical munitions, delivering three times more Tomahawks in the first half of 2026 compared to the first half of 2025. With this contract, RTX will increase capacity and collaborate closely with hundreds of small and mid-sized suppliers nationwide to rapidly scale output to meet long-term needs.<\/p>\n<p>Tomahawk cruise missiles remain one of the U.S. military&#8217;s most proven and versatile long range strike capabilities. With a decades\u2011long record of operational performance, Tomahawk provides military leaders with reliable, flexible options against high value targets from a variety of launch platforms.<\/p>\n<p>\n        <b>About Raytheon<br \/><\/b><br \/>\n        <span>Raytheon, an <\/span>RTX<span> business, is a leading provider of defense solutions to help the U.S. government, our allies and partners defend their national sovereignty and ensure their security. For more than 100 years, Raytheon has developed new technologies and enhanced existing capabilities in integrated air and missile defense, smart weapons, missiles, advanced sensors and radars, interceptors, space-based systems, hypersonics and missile defense across land, air, sea and space.<\/span><\/p>\n<p>\n        <b>About RTX<br \/><\/b>With more than 180,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. With industry-leading capabilities, we advance aviation, engineer integrated defense systems for operational success, and develop next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2025 sales of more than $88 billion, is headquartered in Arlington, Virginia.<\/p>\n<p>\n        <b>For questions or to schedule an interview, please contact<\/b>\u00a0<b><a href=\"mailto:corporatepr@rtx.com\" target=\"_blank\" rel=\"nofollow\">corporatepr@rtx.com<\/a><\/b>.<\/p>\n<p>\u00a0<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/edge.prnewswire.com\/c\/img\/favicon.png?sn=NE27444&amp;sd=2026-08-17\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/rtxs-raytheon-awarded-seven-year-contract-for-tomahawk-cruise-missiles-302852809.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/rtxs-raytheon-awarded-seven-year-contract-for-tomahawk-cruise-missiles-302852809.html<\/a><\/p>\n<p>SOURCE RTX<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NE27444&amp;Transmission_Id=202608170810PR_NEWS_USPR_____NE27444&amp;DateId=20260817\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire Contract accelerates production of critical precision-strike weapon TUCSON, Ariz., Aug. 17, 2026 \/PRNewswire\/ &#8212; Raytheon, an RTX (NYSE: RTX) business, will dramatically accelerate the production of Tomahawk cruise missiles for the U.S. Navy over the multi-year period under the terms of an unprecedented $22.9 billion contract, awarded as part of the Department of War&#8217;s Arsenal of Freedom. This contract follows\u00a0the landmark agreements\u00a0between Raytheon and the Department of War and supports the annual production ramp to more than 1,000 Tomahawk missiles and associated support, ensuring a stable, predictable supply for the Navy and allies. &#8220;Tomahawk is the Navy&#8217;s most important strike weapon, able to target hostile forces hundreds of miles away without ever risking the lives of our sailors,&#8221; &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rtxs-raytheon-awarded-seven-year-contract-for-tomahawk-cruise-missiles\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;RTX&#8217;s Raytheon awarded seven-year contract for Tomahawk cruise missiles&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-995922","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>RTX&#039;s Raytheon awarded seven-year contract for Tomahawk cruise missiles - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rtxs-raytheon-awarded-seven-year-contract-for-tomahawk-cruise-missiles\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RTX&#039;s Raytheon awarded seven-year contract for Tomahawk cruise missiles - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire Contract accelerates production of critical precision-strike weapon TUCSON, Ariz., Aug. 17, 2026 \/PRNewswire\/ &#8212; Raytheon, an RTX (NYSE: RTX) business, will dramatically accelerate the production of Tomahawk cruise missiles for the U.S. Navy over the multi-year period under the terms of an unprecedented $22.9 billion contract, awarded as part of the Department of War&#8217;s Arsenal of Freedom. This contract follows\u00a0the landmark agreements\u00a0between Raytheon and the Department of War and supports the annual production ramp to more than 1,000 Tomahawk missiles and associated support, ensuring a stable, predictable supply for the Navy and allies. &#8220;Tomahawk is the Navy&#8217;s most important strike weapon, able to target hostile forces hundreds of miles away without ever risking the lives of our sailors,&#8221; &hellip; Continue reading &quot;RTX&#8217;s Raytheon awarded seven-year contract for Tomahawk cruise missiles&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/rtxs-raytheon-awarded-seven-year-contract-for-tomahawk-cruise-missiles\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-08-17T12:16:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/edge.prnewswire.com\/c\/img\/favicon.png?sn=NE27444&amp;sd=2026-08-17\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rtxs-raytheon-awarded-seven-year-contract-for-tomahawk-cruise-missiles\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rtxs-raytheon-awarded-seven-year-contract-for-tomahawk-cruise-missiles\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"RTX&#8217;s Raytheon awarded seven-year contract for Tomahawk cruise missiles\",\"datePublished\":\"2026-08-17T12:16:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rtxs-raytheon-awarded-seven-year-contract-for-tomahawk-cruise-missiles\\\/\"},\"wordCount\":417,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rtxs-raytheon-awarded-seven-year-contract-for-tomahawk-cruise-missiles\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/edge.prnewswire.com\\\/c\\\/img\\\/favicon.png?sn=NE27444&amp;sd=2026-08-17\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rtxs-raytheon-awarded-seven-year-contract-for-tomahawk-cruise-missiles\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rtxs-raytheon-awarded-seven-year-contract-for-tomahawk-cruise-missiles\\\/\",\"name\":\"RTX's Raytheon awarded seven-year contract for Tomahawk cruise missiles - 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