U.S. Navy awards Raytheon a five-year contract valued up to $24.4 billion to boost SM-6 missile production.
Oct 01, 2026
Contract Type
contract
ManufacturingAerospaceNational Security
Description
The U.S. Navy has awarded a five-year contract worth up to $24.4 billion to Raytheon to expedite the production of SM-6 missiles. This multiyear commitment aims to enhance air defense and ballistic missile capabilities.
Company Information
Company
RTX Corporation
About
RTX Corporation is a global aerospace and defense company that provides advanced technologies and solutions in various sectors. It specializes in the design and manufacturing of aerospace systems and military equipment. The company is committed to innovation and delivering high-quality products. RTX operates across multiple locations worldwide.
Predictive Intelligence
Strategic
ML-powered predictions for RTX Corporation's next move