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Raytheon Gets $20.7 Billion Contract to Accelerate AMRAAM Missile Production

The Department of War awarded Raytheon, a unit of RTX, a multi-year contract valued up to $20.7 billion to accelerate the production of Advanced Medium-Range Air-to-Air Missiles (AMRAAM). The agreement aims to increase output to record-setting levels to address stockpile concerns. These missiles are utilized in air-to-air jet fighter combat and the National Advanced Surface-to-Air Missile System (NASAMS). The deal is described as the largest NASAMS city-defense resupply in history, specifically supporting batteries in Kyiv and Washington, D.C.

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  • ✓ Raytheon, an RTX business, received a multi-year contract worth up to $20.7 billion to accelerate AMRAAM missile production.
  • ✓ AMRAAM missiles are used for both air-to-air jet fighter combat and the National Advanced Surface-to-Air Missile System.
  • ✓ The contract is intended to address concerns regarding missile stockpiles.
  • ✓ The deal supports NASAMS city-defense batteries in Washington, D.C. and Kyiv.
🛡️ Source Corroboration: 18 independent reporting domains (95% confidence) ⏱ Read time: ~2 min

What changed

The Department of War awarded Raytheon a $20.7 billion multi-year contract to surge AMRAAM missile production.

Live updates

  1. Raytheon Secures $20.7 Billion Contract for AMRAAM Missile Production

    The Department of War awarded Raytheon, a unit of RTX, a multi-year contract valued up to $20.7 billion to accelerate the production of Advanced Medium-Range Air-to-Air Missiles (AMRAAM). The agreement aims to increase output to record-setting levels to address stockpile concerns. These missiles are utilized in air-to-air jet fighter combat and the National Advanced Surface-to-Air Missile System (NASAMS). The deal is described as the largest NASAMS city-defense resupply in history, specifically supporting batteries in Kyiv and Washington, D.C.

    Why it matters

    The U.S. is prioritizing defense modernization to replenish munitions stocks. This effort occurs alongside other major RTX contracts, including a $24.4 billion deal for SM-6 interceptors for the U.S. Navy. Supply-chain and labor challenges remain headwinds for the aerospace industry.

    What is confirmed

    • Raytheon, an RTX business, received a multi-year contract worth up to $20.7 billion to accelerate AMRAAM missile production.
    • AMRAAM missiles are used for both air-to-air jet fighter combat and the National Advanced Surface-to-Air Missile System.
    • The contract is intended to address concerns regarding missile stockpiles.
    • The deal supports NASAMS city-defense batteries in Washington, D.C. and Kyiv.
    • RTX also secured a separate contract worth up to $24.4 billion for U.S. Navy Standard Missile-6 interceptors.

    Still unconfirmed

    • The AMRAAM contract is intended to replenish stocks amid an ongoing conflict with Iran.
    • The missile deal involves 16 countries.

    What to watch next

    • Confirmation of the exact duration of the multi-year AMRAAM agreement beyond the five-year mention.
    • Delivery timelines for the record-setting production ramp.
    • Impact of supply-chain headwinds on the production schedule.
    Sources used for this update (20)
    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. Bloomberg — RTX Wins $21 Billion US Agreement for Air-to-Air Missile Output
    4. U.S. Department of War (.gov) — Contracts for Sept. 28, 2026
    5. AL.com — Major defense contractor lands $20.7 billion missile deal involving 16 countries
    6. stocktwits.com — Nasdaq Futures Tread Water After Monday Rout: MU, NVTS, NVO, KOD, SMMT, ASTS Stocks In Focus
    7. www.straitstimes.com — Pentagon awards RTX’s Raytheon $26.4 billion contract for ...
    8. finance.yahoo.com — 3 Aerospace-Defense Stocks Poised for Growth on Defense Modernization
    9. aviationnews.eu — Raytheon Secures $20.7 Billion Department of War Contract to Surge AMRAAM Missile Production
    10. uk.finance.yahoo.com — RTX (RTX) Lands $20.7 Billion AMRAAM Deal Under Arsenal Of Freedom
    11. finance.yahoo.com — Zacks Industry Outlook Highlights GE Aerospace, RTX and Howmet Aerospace
    12. www.marketscreener.com — Raytheon Gets $20.7 Billion Contract to Accelerate AMRAAM Missile Production
    confidence 95%
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