What Happened
Accelerating Advanced Air-to-Air Missile Production for US and Allied Forces
The US Department of War has awarded a $20.7 billion contract to Raytheon, an RTX business, to produce Advanced Medium-Range Air-to-Air Missiles (AMRAAM). This contract marks a significant step in expanding the munitions industrial base and strengthening air defense capabilities for the US and its allies. The award was made in collaboration with the US Air Force, Navy, and Foreign Military Sales allies, and is expected to nearly double AMRAAM production compared to previous levels. The contract was first reported by the US Department of War.