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RTX Raytheon lands $22.9B, 7-year U.S. Navy Tomahawk contract

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RTX RTX Corp
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  1. 1RTX (RTX) unit Raytheon secures $22.9B, 7-year contract with U.S. Navy for Tomahawk cruise missiles
  2. 2Aims to boost production to over 1,000 missiles annually; first-half 2026 deliveries seen tripling year over year
  3. 3War Department's Arsenal of Freedom initiative provides long-term visibility, supporting production and supply-chain investment

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