Raytheon, a business of RTX, will significantly increase missile production following the signing of five framework agreements with the US Department of Defense (DoD).
The arrangements, which could run for up to seven years, will support scaling up manufacturing and speeding deliveries of the Tomahawk cruise missile, AMRAAM air-to-air missile, Standard Missile-3 Block IB (SM-3 IB) and IIA (SM-3 IIA) interceptors, and the Standard Missile-6 (SM-6).
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The company announced it will raise annual output to over 1,000 Tomahawk cruise missiles to meet growing demand.
The Tomahawk, which is used by US and allied military forces, has been deployed operationally more than 2,300 times and has completed over 550 flight tests.
The agreements also include a boost in AMRAAM air-to-air missile production to at least 1,900 units per year. Raytheon began manufacturing the fifth-generation AMRAAM in 2024, with advanced guidance and electronic protection features.
AMRAAMs are fielded by over 40 countries, integrated on multiple aircraft platforms, and serve as the primary interceptor for NASAMS air defence systems.
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By GlobalDataThe SM-6 annual production will surpass 500 units under the new frameworks. This missile provides anti-air, anti-surface, and terminal ballistic missile defence capabilities, and has been successfully launched from US Navy ships and land-based platforms.
RTX will also increase production of the Standard Missile-3 IIA while accelerating output of the SM-3 IB.
The SM-3 IB interceptor, designed to intercept short- to intermediate-range ballistic missiles outside Earth’s atmosphere, was first used in combat in April 2024 against Iranian missiles targeting Israel.
The SM-3 IIA interceptor, developed jointly with Japan’s Ministry of Defense, features enhanced rocket motors and a kinetic warhead to provide wider area coverage.
Production under these agreements will take place at Raytheon facilities in Tucson, Arizona; Huntsville, Alabama; and Andover, Massachusetts.
The company stated that investment plans linked to these frameworks were included in its recently released financial outlook for 2026.
Funding structures in the agreements are intended to maintain upfront free cash flow while supporting longer-term demand.
Last month, Raytheon was awarded a $380.8m fixed-price incentive and firm-fixed-price contract modification, adding scope for the Lot 5 and Lot 6 recertification and modernisation of extant Tomahawk cruise missiles.
