RTX’s Raytheon business has been awarded an unprecedented seven-year, $22.9 billion contract by the U.S. Department of War’s Arsenal of Freedom to dramatically ramp up production of the Tomahawk cruise missile, the company announced from its Tucson, Arizona facility. The deal, one of the largest in Tomahawk’s history, is designed to push annual output past 1,000 missiles a year, complete with associated support services, as the Navy seeks to rebuild and expand its long-range strike stockpile.
“Tomahawk is the Navy’s most important strike weapon, able to target hostile forces hundreds of miles away without ever risking the lives of our sailors,” said Raytheon President Phil Jasper, underscoring the missile’s role as a cornerstone of U.S. naval deterrence and power projection.
RTX says it has already tripled Tomahawk deliveries in the first half of 2026 compared with the same period last year, and the new contract will fund further investment in workforce, technology, supply chain resilience, and manufacturing facilities. The company plans to work with hundreds of small and mid-sized suppliers across the United States to sustain the production surge, a move likely to ripple through the broader defense-industrial base.
The award cements Raytheon’s position as the sole producer of the Tomahawk, a subsonic, long-range cruise missile that has been a fixture of U.S. and allied naval arsenals for decades and has seen renewed demand amid heightened global tensions. RTX, headquartered in Arlington, Virginia, employs more than 180,000 people worldwide and reported 2025 sales exceeding $88 billion, with Raytheon serving as its missiles, sensors, and integrated defense systems unit.
Source: RTX Newsroom
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