What Happened
US Navy Awards $22.9 Billion Contract for Long-Range Strike Systems
Defense manufacturer RTX has announced plans to drastically increase the production of its Tomahawk cruise missiles to more than 1,000 units annually, addressing the surging demand from the U.S. Navy for advanced, long-range strike weapon systems. The move is part of a $22.9 billion, multi-year contract awarded by the U.S. Navy to Raytheon, an RTX business. The production expansion aims to rapidly replenish depleted military stockpiles and modernize the defense industrial base. This development was reported by an unknown source.