RTX's Raytheon awarded $20.7 billion multi-year contract for AMRAAM under landmark production agreement
Why now
Thesis: Large multi-year missile award boosts RTX backlog
Catalyst to watch: Production milestones and follow-on orders
Main risk: Execution or cost overruns on ramp
Why it matters
A $20.7B multi-year AMRAAM contract locks in revenue visibility and accelerates missile production for Raytheon.
Details
Contract accelerates production ramp as part of Department of War's Arsenal of Freedom TUCSON, Ariz., Sept. 28, 2026 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, will accelerate production of AMRAAM® missiles to record-setting levels under the terms of a five-year multi-year...
Sources
- prnewswire · 2026-09-28 21:10 UTC