RTX's Raytheon Wins a Multi-Year Contract Worth $20.7 Billion AMRAAM
PR Newswire
1h ago
Ai Focus
Raytheon, under RTX, stated that it will accelerate the production of AMRAAM missiles under a multi-year contract spanning five years, including a two-year option period, with a total value of up to $20.7 billion. This contract is part of the U.S. Department of Defense's "Arsenal of Freedom" program and builds upon a milestone agreement reached with the Department of Defense earlier this year.
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Raytheon, a subsidiary of RTX, has secured a multi-year contract worth up to $20.7 billion. Under the “Arsenal of Freedom” program of the U.S. Department of War, Raytheon will accelerate the production of AMRAAM ® missiles to record levels.

This contract is valid for a period of five years, with an additional two-year option. Raytheon is a business division of RTX (New York Stock Exchange ticker: RTX).

This contract continues the milestone agreement announced earlier this year by Raytheon with the U.S. Department of War. The agreement supports AMRAAM to achieve a minimum annual production of 1,900 missiles.

President Phil Jasper stated: "The AMRAAM remains the most reliable and combat-proven air superiority weapon for the United States and its allies, providing beyond-visual-range kill capabilities thanks to its advanced guidance systems and electronic protection. We continue to make substantial investments in employees, technology, supply chains, and facilities to rapidly expand production capacity and meet the growing demands from the U.S. Air Force, Navy, and international partners."

According to RTX, in recent years, the company has made significant investments to increase the production of AMRAAM and other key munitions, with production in 2025 expected to be nearly double that of 2024. RTX also collaborates closely with hundreds of small and medium-sized suppliers across the United States and is exploring international joint production to rapidly expand output and meet long-term combat needs.

AMRAAM has currently evolved to its fifth generation and can be used on 14 platforms, deployed in 44 countries. It has completed over 7,000 successful launches during testing and actual combat scenarios. This missile has been upgraded with advanced processors that support flexible software updates, enabling it to stay ahead of current and future threats. It serves not only as the primary interceptor weapon for air-to-air missions but also as the main interceptor missile for the NASAMS ® air defense system.

About Raytheon

Raytheon is a business under RTX, dedicated to providing defense solutions to assist the U.S. government, allies, and partners in defending national sovereignty and ensuring security. For over 100 years, Raytheon has been continuously developing new technologies and enhancing existing capabilities in areas such as integrated air defense and missile defense, intelligent weapons, missiles, advanced sensors and radar, interceptors, space-based systems, hypersonic weapons, and missile defense for land, sea, air, and space.

About RTX

RTX employs over 180,000 people worldwide and is committed to pushing the boundaries of technology and science to redefine the way humans connect and protect the world. The company possesses industry-leading capabilities, advances in aviation operations, designs comprehensive defense systems for operational success, and develops next-generation technological solutions and manufacturing capabilities to help global customers address the most critical challenges. RTX With sales exceeding $88 billion in 2025, its headquarters are located in Arlington, Virginia.

For inquiries or to arrange interviews, please contact [ email protected ].

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