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Acquisition·Tomahawk

Navy Awards $22.9B Tomahawk Contract

2 sources · first reported Yesterday

The Navy has announced a $22.9 billion contract to develop Tomahawk missiles, and also made a key appointment with a $12 billion portfolio focused on AI and tech. The contract and appointment highlight the Navy's commitment to modernizing its capabilities. The Tomahawk missile development contract is a significant investment in the Navy's weapons systems.

Why it matters

The development of Tomahawk missiles and the integration of AI and tech are crucial for the Navy's modernization efforts, enhancing its capabilities and readiness. The significant investment in these areas demonstrates the Navy's focus on staying ahead of emerging threats.

AcquisitionDoDNavyAI
Independent Media 2
Single-source: Independent Media

Development timeline

How this story unfolded across sources, oldest first.