Pentagon accelerates missile production with $20.7 billion AMRAAM deal and new JDAM Long Range, F-35 contracts
The Pentagon awarded RTX’s Raytheon business a provisional multiyear contract worth $20.7 billion to nearly double AMRAAM production as it replenishes stocks depleted by conflicts in Ukraine and the Middle East. Separate awards advance Boeing’s JDAM Long Range into initial production and support Northrop Grumman’s F-35 APG-85 radar components.