What Happened
Major Investment Boosts Long-Range Strike Capability
The US Department of the Navy has awarded Raytheon, an RTX business, a $22.9 billion contract to accelerate production of Tomahawk missiles, supporting the US military’s long-range strike requirements. The contract aims to reduce procurement lead times and expand production capacity for the long-range strike system. According to the US Navy, the investment will provide greater stability and predictability for production planning, supporting increased manufacturing throughput and stronger supply chains. This development was reported by an unknown source.