U.S. Air Force Justifies Record $20.7B AMRAAM Contract, Keeping Raytheon Sole Source to 2033

The U.S. Air Force published additional award and sole-source justification notices on October 23 for its previously announced contract with Raytheon covering AIM-120 AMRAAM production. Valued at up to $20.7 billion, the agreement spans production Lots 41 through 47, extends potential work through June 2033 and includes requirements for 16 foreign customers. The September 2026 award follows a production framework under which RTX pledged capacity for at least 1,900 AMRAAMs annually. The published documents do not disclose missile quantities, and the justification cited in the notices covers a narrower lot range than the complete seven-lot contracting vehicle.