What Happened
Accelerating Missile Production To Enhance Military Strike Capabilities
The Pentagon has awarded Raytheon, an RTX business, a $22.9 billion US Navy contract to accelerate production of Tomahawk cruise missiles. The contract aims to increase the military’s supply of the long-range strike weapon, while providing RTX with greater stability to expand its workforce and manufacturing capacity. According to the Pentagon, the award is part of its efforts to speed delivery of critical weapons and reduce procurement time. This development was reported by an unknown source.