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Raytheon gets massive $23B contract to boost Tomahawk production

Published

17 August 2026

Topic

technology

Sectors

Defense Tech

Geography

United States

Source

Read at breakingdefense.com

Verified

Fusion42 · 18 August 2026 · Fusion42 review

The US Navy awarded Raytheon a $22.9 billion contract to increase annual production of Tomahawk cruise missiles to 1,000 units over multiple years, supporting expanded munitions capacity for the Joint Force.

This Wire brief sits within Fusion42's coverage of Defense Tech.

◆ The Wire takeaway

Your defence manufacturing capacity just got a major boost with Raytheon's expanded Tomahawk production contract. If your business supports military supply chains or munitions tech, there's a new opportunity to supply or partner with prime contractors like Raytheon.

Coverage

1 source · 17 Aug 2026

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Defense Techdefense-contractmunitionsproduction-scaleRaytheonPentagon