- Today
- Holidays
- Birthdays
- Reminders
- Cities
- Atlanta
- Austin
- Baltimore
- Berwyn
- Beverly Hills
- Birmingham
- Boston
- Brooklyn
- Buffalo
- Charlotte
- Chicago
- Cincinnati
- Cleveland
- Columbus
- Dallas
- Denver
- Detroit
- Fort Worth
- Houston
- Indianapolis
- Knoxville
- Las Vegas
- Los Angeles
- Louisville
- Madison
- Memphis
- Miami
- Milwaukee
- Minneapolis
- Nashville
- New Orleans
- New York
- Omaha
- Orlando
- Philadelphia
- Phoenix
- Pittsburgh
- Portland
- Raleigh
- Richmond
- Rutherford
- Sacramento
- Salt Lake City
- San Antonio
- San Diego
- San Francisco
- San Jose
- Seattle
- Tampa
- Tucson
- Washington
Raytheon Secures Deal to Boost Missile Production for US Military
The seven-year agreement includes increased output of Tomahawk, AMRAAM, and SM-3 interceptor missiles.
Feb. 4, 2026 at 6:15am
Got story updates? Submit your updates here. ›
Raytheon, a subsidiary of RTX, has reached a seven-year deal with the Pentagon to significantly increase annual production of several key missile systems, including Tomahawk cruise missiles, AMRAAM air-to-air missiles, and SM-3 ballistic missile interceptors. The agreement aims to rebuild depleted US weapons stockpiles and provide more long-range precision strike and air defense capabilities.
Why it matters
This deal is part of a broader Pentagon effort to ramp up weapons production and rebuild US military industrial capacity amid concerns over potential high-intensity conflicts. It follows similar multi-year agreements with other major defense contractors like Lockheed Martin to lock in government demand and enable investments in new facilities and equipment.
The details
Under the agreement, Raytheon will boost annual Tomahawk cruise missile production from around 60 to eventually 1,000 units. AMRAAM air-to-air missile output will rise to at least 1,900 per year, while SM-3 ballistic missile interceptor production rates will also significantly increase. The deals incorporate a "collaborative funding approach" to preserve Raytheon's free cash flow while enabling long-term capacity investments.
- The seven-year agreement was reached in February 2026.
The players
Raytheon
A major US defense contractor and subsidiary of RTX that manufactures a variety of missile systems and other military technologies.
US Department of Defense
The federal agency responsible for national defense and the largest customer for Raytheon's missile products.
Chris Calio
The CEO of Raytheon who commented on the new agreement.
What they’re saying
“These agreements redefine how government and industry can partner to speed the delivery of critical technologies.”
— Chris Calio, CEO, Raytheon
What’s next
The new production rates are expected to be phased in over the seven-year duration of the agreement, with the full 1,000 Tomahawk missiles per year capacity likely reached towards the end of the contract period.
The takeaway
This deal highlights the Pentagon's focus on rapidly rebuilding US military industrial capacity and weapons stockpiles, particularly for long-range precision strike and air defense systems, in response to perceived threats from strategic rivals like China and Russia.
