Raytheon Lands $23B Deal for Tomahawk Cruise Missile Production

It's been investing in recent years to ramp production.

Tomahawk 001
Raytheon

Raytheon said it will dramatically accelerate the production of Tomahawk cruise missiles for the U.S. Navy over the multi-year period under the terms of a $22.9 billion contract.

This contract follows the agreements between Raytheon and the Department of War and supports the annual production ramp to more than 1,000 Tomahawk missiles and associated support, ensuring a stable, predictable supply for the Navy and allies.

RTX has invested in recent years to ramp production of Tomahawk and other munitions, delivering three times more Tomahawks in the first half of 2026 compared to the first half of 2025. With this contract, RTX will increase capacity and collaborate closely with hundreds of small and mid-sized suppliers nationwide to rapidly scale output to meet long-term needs.

Tomahawk cruise missiles remain one of the U.S. military's most proven and versatile long range strike capabilities. With a decades‑long record of operational performance, Tomahawk provides military leaders with reliable, flexible options against high value targets from a variety of launch platforms.

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