RTX's Raytheon awarded $20.7 billion multi-year contract for AMRAAM under landmark production agreement
RTX's Raytheon unit won a five-year multi-year contract with two option years valued up to $20.7 billion to accelerate AMRAAM missile production under the Department of War's Arsenal of Freedom initiative. The award follows a landmark February agreement supporting annual production of at least 1,900 AMRAAM missiles, after RTX nearly doubled production in 2025 versus 2024.
Key figures
- Deal Value Usd
- $20.7 billion
- Platforms
- 14
- Live fires
- 7,000+
- Option years
- 2
- Countries fielded
- 44
- Contract term years
- 5
- Annual production target
- 1900
AI analysis
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