The US military is paying RTX's Raytheon big for more Tomahawk missiles. It burned through many of them fighting Iran.

Business Insider•Mon, Aug 17, 2026, 02:44 PM•2 min read

The $22. 9 billion contract will see annual production increase to more than 1,000 Tomahawk missiles over a seven-year period.

Source: [Business Insider](https://www.businessinsider.com/us-paying-raytheon-big-more-tomahawk-missiles-iran-war-2026-8)

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