Navy awarded $22.9B contract to Raytheon to accelerate Tomahawk missile production
Headline from The Hill
On Monday, acting Navy Secretary Hung Cao announced that the U.S. Navy awarded a $22.9 billion contract to Raytheon to accelerate production of Tomahawk missiles amid a munitions shortage in the months after the start of the Iran war.
The Hill's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
"This landmark $22.9 billion investment will accelerate Tomahawk missile delivery to our warfighters at unprecedented speed," said Acting Secretary of the Navy Hung Cao.
The Department of War awarded Raytheon a $22.9 billion contract to accelerate Tomahawk missile production as Trump dismisses weapons stockpile concerns.
The U.S. military, scrambling to rebuild depleted stocks of high-tech weaponry, awarded Raytheon $22.9 billion to dramatically boost Tomahawk production.
The Department of War and Raytheon agreed on Monday to a contract worth $22.9 billion to significantly increase production of Tomahawk cruise missiles for the Navy, an important weapon in the war with Iran.
Over the past year, Pentagon leaders have leveraged multiyear contracts for critical munitions as an incentive to get defense primes to make larger investments in their production facilities and supply chain.
On Monday, acting Navy Secretary Hung Cao announced that the U.S. Navy awarded a $22.9 billion contract to Raytheon to accelerate production of Tomahawk missiles amid a munitions shortage in the months after the start of the Iran war.
Navy awarded $22.9B contract to Raytheon to accelerate Tomahawk missile production | Since Then
