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Pentagon awards RTX $20.7 billion AMRAAM contract amid stockpile concerns

Pentagon awards RTX $20.7 billion AMRAAM contract amid stockpile concerns
Pentagon awards RTX's Raytheon $20.7 billion contract for AMRAAM missiles amid stockpile concerns · CNBC TV 18

The Pentagon wants more AMRAAM missiles made faster.

It offered RTX’s Raytheon business a provisional contract worth $20.7 billion.

The missiles can be used by fighter jets and air-defense systems.

The United States has sent many weapons to allies and used some in military operations.

This has raised concerns about how many weapons remain in stockpiles.

The contract could help RTX expand its workers, suppliers, and factories.

However, Congress still needs to provide the money for the full agreement.

RTX says it nearly doubled production in 2025 and wants to make at least 1,900 missiles each year.

Key facts

Contract value
$20.7 billion
Contract status
Provisional multiyear award
Manufacturer
RTX’s Raytheon business
Weapon
Advanced Medium-Range Air-to-Air Missile, or AMRAAM
Production target
At least 1,900 AMRAAM missiles annually
Funding condition
Congress must appropriate funding for the full multiyear commitment
Related initiative
The Pentagon’s “Arsenal of Freedom” initiative

Sources

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