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0.0199696539572219 0.013166266947286 0.013655719250159 0.0125789241838383 0.0113063481963683 0.00557975625275324 0.00352405658068621 0.00818560031324952
Stock impact report

RTX's Raytheon partners with Department of War on five landmark agreements to expand critical munition production

Raytheon Technologies Corporation (RTX) 
Company Research Source: PR Newswire
Up-to-seven-year deals to increase annual production of Tomahawk, AMRAAM, SM-3 Block IB, SM-3 Block IIA, SM-6TUCSON, Ariz., Feb. 4, 2026 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, entered into five landmark framework agreements with the U.S. Department of War to significantly increase production capacity and speed deliveries of Land Attack and Maritime Strike variants of Tomahawk, AMRAAM® missiles, Standard Missile-3® Block IB interceptors (SM-3 IB), Standard Missile-3® Block IIA interceptors (SM-3 IIA), and Standard Missile-6® (SM-6).As global demand for these precision munitions continues to grow, these up-to-seven-year agreements establish frameworks to build on the company's previous investments to expand production. Under the frameworks announced today, RTX will increase annual production of Tomahawks to more than 1,000, AMRAAMs to at least 1,900, and SM-6 to more than 500. RTX will also increase production of SM-3 IIA and accelerate production of the SM-3 IB. Many of Show less Read more
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