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● LIVE Updated 49m ago · 14 sources tracked

Pentagon awards Raytheon up to $20.7 billion to nearly double AMRAAM production

The Pentagon awarded RTX business Raytheon a provisional multiyear contract worth up to $20.7 billion to build Advanced Medium-Range Air-to-Air Missiles. The five-year agreement includes option years and aims to nearly double production rates. This major weapons supply chain investment arrives as the military works to replenish depleted stockpiles driven down by conflicts in Ukraine and the Middle East, including the Iran war. RTX stock moved higher overnight following the deal announcement.

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  • ✓ The Pentagon awarded RTX's Raytheon a provisional multiyear contract worth up to $20.7 billion for Advanced Medium-Range Air-to-Air Missiles.
  • ✓ The multiyear agreement aims to nearly double missile production and strengthen the U.S. weapons supply chain.
  • ✓ AMRAAMs are used in air-to-air jet fighter combat as well as in the National Advanced Surface-to-Air Missile System.
🛡️ Source Corroboration: 14 independent reporting domains (100% confidence) ⏱ Read time: ~2 min

What changed

The Pentagon awarded Raytheon a multiyear contract worth up to $20.7 billion to accelerate and nearly double production of AMRAAM missiles.

Live updates

  1. Pentagon Awards Raytheon Up to $20.7 Billion for AMRAAMs

    The Pentagon awarded RTX business Raytheon a provisional multiyear contract worth up to $20.7 billion to build Advanced Medium-Range Air-to-Air Missiles. The five-year agreement includes option years and aims to nearly double production rates. This major weapons supply chain investment arrives as the military works to replenish depleted stockpiles driven down by conflicts in Ukraine and the Middle East, including the Iran war. RTX stock moved higher overnight following the deal announcement.

    Why it matters

    The Advanced Medium-Range Air-to-Air Missile is utilized extensively in jet fighter combat and the National Advanced Surface-to-Air Missile System. Accelerated production efforts follow sustained military demands that strained American defense inventories abroad. The agreement serves as a landmark production arrangement to bolster industrial output.

    What is confirmed

    • The Pentagon awarded RTX's Raytheon a provisional multiyear contract worth up to $20.7 billion for Advanced Medium-Range Air-to-Air Missiles.
    • The multiyear agreement aims to nearly double missile production and strengthen the U.S. weapons supply chain.
    • AMRAAMs are used in air-to-air jet fighter combat as well as in the National Advanced Surface-to-Air Missile System.

    Still unconfirmed

    • The contract is specifically a five-year pact with option years designed to address weapons drains from an Iran war.

    What to watch next

    • Finalization of the provisional contract terms between the Pentagon and Raytheon.
    • Measurable increases in monthly AMRAAM missile delivery rates from Raytheon manufacturing facilities.
    Sources used for this update (13)
    1. WSJ — Raytheon Gets $20.7 Billion Contract to Accelerate AMRAAM Missile Production
    2. Reuters — Pentagon awards RTX's Raytheon $20.7 billion contract for AMRAAM missiles amid stockpile concerns
    3. U.S. Department of War (.gov) — Contracts for Sept. 28, 2026
    4. www.straitstimes.com — Pentagon awards RTX’s Raytheon $26.4 billion contract for ...
    5. stocktwits.com — RTX Stock Rises Overnight: Raytheon Lands $20.7B Missile Deal As Pentagon Pushes To Ramp Up Production
    6. Defense News — Pentagon awards Raytheon up to $20.7 billion to nearly double AMRAAM production
    7. RTX — RTX's Raytheon awarded $20.7 billion multi-year contract for AMRAAM under landmark production agreement
    8. www.rtx.com — News | RTX's Raytheon awarded $20.7 billion multi-year ...
    9. www.navytimes.com — Pentagon awards Raytheon up to $20.7 billion to nearly double AMRAAM production - Navy Times,Navy Times
    10. www.dzrh.com.ph — Pentagon awards RTX's Raytheon $20.7 billion contract for AMRAAM missiles amid stockpile concerns
    11. www.thestar.com.my — Pentagon awards RTX's Raytheon $20.7 billion contract for AMRAAM missiles amid stockpile concerns
    12. www.theepochtimes.com — Pentagon Awards Raytheon $20.7 Billion Deal for Air-to-Air Missiles | The Epoch Times
    confidence 100%
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