Pentagon awards $20.7B deal to ramp AMRAAM production to 1,900 missiles a year
Raytheon secured a multiyear U.S. defense contract worth up to $20.7 billion to produce AMRAAM missiles. The five-year agreement, with two option years, could support annual output of at least 1,900 missiles.
- The $20.7B deal covers five years of production plus two option years
- Target output is at least 1,900 AMRAAM missiles per year
- Raytheon nearly doubled AMRAAM output in 2025 versus 2024
- AMRAAM serves 44 countries across 14 platforms, including NASAMS
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