The Department of War has announced a $22.9 billion contract with Raytheon, an RTX business, awarded by the U.S. Navy, to accelerate production of the Tomahawk missile, a critical long-range strike capability.
"The Department called upon industry to expand munitions production, and RTX has answered that call," said Under Secretary of War for Acquisition and Sustainment Michael P. Duffey. "This Tomahawk award increases our ability to equip the Joint Force, ensuring our Warfighters never face a fair fight."
This contract rapidly fields capabilities to meet modern threats while providing industry partners with the stability required to expand their workforce, increase manufacturing throughput, and fortify supply chains. In addition, it advances the Department's Acquisition Transformation Strategy by accelerating critical weapons delivery and reducing procurement lead times.
"Guaranteeing our naval and joint forces have the lethal firepower they need to deter aggression and protect the homeland is paramount," said Acting Secretary of the Navy, Hung Cao. "This landmark $22.9 billion investment will accelerate Tomahawk missile delivery to our warfighters at unprecedented speed. By working closely with industry to expand our munitions industrial base’s capacity, the Department is utilizing every available tool to meet the demands of our current operations, ensuring they are equipped to fight, win, and come home safe."
Portfolio Acquisition Executive (PAE) Munitions is a Department of the Navy organization responsible for the development, procurement, and delivery of naval munitions and strike capabilities. By unifying key weapons programs and aligning the weapons industrial base, PAE Munitions provides enterprise-level integration to accelerate production, increase capacity, and ensure the Fleet is equipped with the munitions needed to project power and win.