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RTX ramps up Tomahawk, AMRAAM and Standard Missile production under four Pentagon contracts
RTX is expanding Raytheon’s production of Tomahawk, AMRAAM, SM-6 and SM-3 Block IB missiles under four multiyear Pentagon contracts valued at about $70 billion combined. The company expects full-rate production across the four programs around 2030 and is targeting production rates two to four times current levels, without specifying targets for individual weapons. Raytheon is ordering tooling and test equipment, qualifying suppliers and working with the Pentagon to simplify testing and replace obsolete components. RTX identified solid rocket motors as a supply constraint and is broadening its motor supplier base.