Raytheon Secures $22.9 Billion Deal to Scale Tomahawk Production

Raytheon President Phil Jasper noted the missile remains the Navy’s primary long-range strike asset, capable of neutralizing high-value targets while keeping personnel out of harm's way. To achieve the production surge, the company is committing significant capital toward facility upgrades, supply chain optimization, and workforce expansion. The effort involves deep coordination with hundreds of small and mid-sized domestic suppliers to ensure a consistent manufacturing cadence.

This agreement follows a period of rapid industrial growth for the RTX business unit, which reported tripling its Tomahawk delivery rate in the first half of 2026 compared to the same period last year. By leveraging a decades-long record of operational performance, the company intends to solidify the Tomahawk as a staple of U.S. defense capabilities across multiple launch platforms.