US' Raytheon gets $22.9b Tomahawk deal

WASHINGTON:

The US military, scrambling to rebuild depleted stocks of high-tech weaponry, on Monday said it had awarded unit Raytheon a $22.9 billion contract to dramatically boost the output of Tomahawk missiles.

The US has supplied large amounts of arms to allies while also using munitions in the Iran conflict, raising concerns about inventories of air defense and precision-guided weapons.

"We called on industry to rapidly scale up munitions output, and RTX is delivering," Acting Secretary of the Navy Hung Cao said in an X post. "This landmark Tomahawk contract ensures our warfighters continue to have the lethal firepower they need." Reuters