The U.S. Department of War has awarded Raytheon with a USD 22.9 billion contract which will see the company ''...dramatically accelerate the production of Tomahawk cruise missiles for the U.S. Navy over the multi-year period...''.
This contract, awarded as part of the Department of War's Arsenal of Freedom, follows the agreements between Raytheon and the Department of War and supports the annual production ramp to more than 1,000 Tomahawk missiles and associated support, ensuring a stable, predictable supply for the Navy and allies.
''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.
''We are making significant investments in our workforce, technology, supply chain and facilities to dramatically boost production capacity and meet surging demand.''
Raytheon said that the company has invested heavily in recent years to ramp production of Tomahawk and other critical munitions, delivering three times more Tomahawks in the first half of 2026 compared to the first half of 2025.
With this contract, Raytheon said it will increase capacity and collaborate closely with hundreds of small and mid-sized suppliers nationwide to rapidly scale output to meet long-term needs.
Tomahawk cruise missiles remain one of the U.S. military's most proven and versatile long range strike capabilities, the company said. With a decades‑long record of operational performance, Tomahawk is said to provide military leaders with reliable, flexible options against high value targets from a variety of launch platforms.