The Pentagon announces a provisional $20.7 billion multiyear AMRAAM contract for Raytheon.
The framework is intended to accelerate production of the air-to-air missile used by US and allied aircraft and by the NASAMS air-defense system, subject to future congressional funding.
By TomorrowNews · AI-assisted briefing · Briefing published 29 September 2026
AI-generated illustration — not a photograph of the event. Conceptual manufacturing imagery; it does not show an actual missile plant or production process. · TomorrowNews / AI-generated illustration
Reuters reported that the provisional multiyear award is designed to replenish inventories and increase output. Industry officials cautioned that the full amount has not yet been appropriated by Congress, so the announced ceiling is not the same as cash already committed.
RTX said Raytheon nearly doubled AMRAAM production in 2025 and is working toward at least 1,900 missiles a year. The contract reflects a broader procurement shift toward longer production runs and steadier supplier demand.
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