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Yeshiva World News · Aug 17, 2026

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RTX’s Raytheon has secured a $22.9 billion, seven-year U.S. Navy contract to dramatically expand Tomahawk cruise missile production from roughly 60 per year to more than 1,000 annually. The deal comes as the U.S. works to rebuild weapons stockpiles strained by arms deliveries to allies and munitions used in the Iran war. Raytheon said it will expand production capacity and work with hundreds of suppliers nationwide to meet the increased demand.

RTX’s Raytheon has secured a $22.9 billion, seven-year U.S. Navy contract to dramatically expand Tomahawk cruise missile production from roughly 60 per year to more than 1,000 annually. The deal comes as the U.S. works to rebuild weapons stockpiles strained by arms deliveries to allies and munitions used in the Iran war. Raytheon said it will expand production capacity and work with hundreds of suppliers nationwide to meet the increased demand.

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