Raytheon wins $22.9B US Navy contract for Tomahawk missiles
Reported by Seeking Alpha · seekingalpha.com · August 17, 2026
Raytheon (RTX) to accelerate Tomahawk cruise missile production under a $22.9B Navy contract, boosting output to 1,000+ yearly—read what it means for RTX.
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What to watch: This report cites a concrete figure ($22) — compare it against the trailing trend before treating one data point as a turning point.
Market reaction today: $RTX -0.33%
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