U.S. awards Raytheon up to $20.7 billion AMRAAM missile contract
The Pentagon awarded RTX’s Raytheon a provisional multiyear contract worth up to $20.7 billion to accelerate AMRAAM production and replenish stocks drawn down by conflicts in the Middle East and Ukraine, according to Reuters. The plan targets at least 1,900 missiles annually.
By DoomRadar · Published on DoomRadar . Updated .
Based on two sources with available article excerpts. Source-linked claims are not independent confirmation.
Event date: The contract was awarded on September 28, 2026. [2][1]
What happened
The Pentagon awarded RTX’s Raytheon business a provisional multiyear contract valued at up to $20.7 billion. The agreement is intended to accelerate AMRAAM production under the U.S. Arsenal of Freedom initiative. [2][1]
References for this detail (2)
- RTX's Raytheon awarded $20.7 billion multi-year contract for AMRAAM under landmark production agreementprnewswire.com · Article published: Sep 28, 2026, 9:10 PM UTC
- Pentagon awards RTX's Raytheon $20.7 billion contract for AMRAAM missiles amid stockpile concernsinternazionale.it · Article published: Sep 28, 2026, 9:29 PM UTC
The planned contract covers five years with two option years. Raytheon said an earlier agreement supports an annual production goal of at least 1,900 AMRAAM missiles. [1]
References for this detail (1)
- RTX's Raytheon awarded $20.7 billion multi-year contract for AMRAAM under landmark production agreementprnewswire.com · Article published: Sep 28, 2026, 9:10 PM UTC
Reuters said the procurement follows U.S. weapons transfers to allies and American military operations that have reduced inventories of air-defense and precision-guided munitions. [2]
References for this detail (1)
- Pentagon awards RTX's Raytheon $20.7 billion contract for AMRAAM missiles amid stockpile concernsinternazionale.it · Article published: Sep 28, 2026, 9:29 PM UTC
AMRAAM serves both as an air-to-air missile for fighter aircraft and as an interceptor for NASAMS, a surface-to-air defense system used by the United States and more than a dozen other countries. [2][1]
References for this detail (2)
- RTX's Raytheon awarded $20.7 billion multi-year contract for AMRAAM under landmark production agreementprnewswire.com · Article published: Sep 28, 2026, 9:10 PM UTC
- Pentagon awards RTX's Raytheon $20.7 billion contract for AMRAAM missiles amid stockpile concernsinternazionale.it · Article published: Sep 28, 2026, 9:29 PM UTC
Raytheon said it nearly doubled AMRAAM production in 2025 compared with 2024. The company also described investments in workers, suppliers, technology and facilities to expand capacity. [2][1]
References for this detail (2)
- RTX's Raytheon awarded $20.7 billion multi-year contract for AMRAAM under landmark production agreementprnewswire.com · Article published: Sep 28, 2026, 9:10 PM UTC
- Pentagon awards RTX's Raytheon $20.7 billion contract for AMRAAM missiles amid stockpile concernsinternazionale.it · Article published: Sep 28, 2026, 9:29 PM UTC
Context from the sources
Raytheon says the fifth-generation AMRAAM is fielded by 44 countries and has recorded more than 7,000 live fires in testing and combat, according to the company’s announcement. [1]
Explore the sources and reporting timeline
2 source links · 2 domains
These counts describe the references, not independent confirmations. Different outlets can repeat the same original report.
Source timeline
Oldest to newest among the available source dates, not a chronology of the incident. Article publication dates come from the source; other recorded dates may reflect when a link was found.
- [1] RTX's Raytheon awarded $20.7 billion multi-year contract for AMRAAM under landmark production agreementprnewswire.comReferenced for: detail 1, detail 2, detail 4, detail 5
- [2] Pentagon awards RTX's Raytheon $20.7 billion contract for AMRAAM missiles amid stockpile concernsinternazionale.itReferenced for: detail 1, detail 3, detail 4, detail 5
What this could mean for you
Some U.S. and allied air-defense inventories may remain under replenishment pressure before expanded output arrives.
Weapons supplied to allies and used in operations have drawn down stocks, while the new production target requires time to translate into delivered missiles.
Reported basis: [2][1] · The possible effect is interpretation.
Depends on: If deliveries lag behind operational demand or further transfers continue.
Possible time frame: months, if those conditions hold.
Possible consequences, not a forecast. Their relevance depends on your location and the conditions above.
For your country
Choose a country to check how this event could affect you.
What changes the outlook
Risk increases if…
Further use or transfer of AMRAAM and related air-defense munitions could prolong stockpile pressure before new output is delivered.
Pressure eases if…
Reaching the stated annual production target of at least 1,900 AMRAAM missiles could improve replenishment capacity.
Still unclear
The final terms of the provisional contract and the timing of deliveries are not established.
The sources do not quantify how quickly U.S. stockpiles will recover.
Market implications
Market impact
Sources (2)
References for the reported details. Separate links do not necessarily mean independent confirmation.
Available excerpt
Contract accelerates production ramp as part of Department of War's Arsenal of Freedom TUCSON, Ariz., Sept. 28, 2026 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX)…A short excerpt from our source record; open the original for the full article.
Available excerpt
(Refiles story to remove errant text in headline, with no changes to the body of the story.) WASHINGTON, Sept 28 (Reuters) - The Pentagon awarded…A short excerpt from our source record; open the original for the full article.
AI-assisted analysis · . Based on linked headlines and available excerpts. Methodology · Report an error.