Raytheon Wins $22.9B Tomahawk Deal
1 source · first reported 1h ago
Raytheon has secured a $22.9 billion contract to increase production of Tomahawk cruise missiles for the US Navy. The seven-year deal is part of the Department of War's Arsenal of Freedom initiative. The contract follows earlier framework agreements signed in February, aiming to accelerate Tomahawk production.
Why it matters
The deal signifies a significant investment in the US Navy's cruise missile capabilities, enhancing its long-range strike capacity. This development is crucial for the Navy's modernization efforts and its ability to project power.
Independent Media 1
Single-source: Independent Media
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