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DISPATCH 04/26 · 5 Oct 2026
BattlePolicy
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munitions

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Navy's $24.4 Billion SM-6 Award Is Raytheon's Third $20 Billion Missile Deal Since August
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Navy's $24.4 Billion SM-6 Award Is Raytheon's Third $20 Billion Missile Deal Since August

The five-year order backs a production target above 500 SM-6s a year, but the Pentagon has not said how many missiles it buys and Congress has not yet funded it.

· 4 min read
2
USA

The $22.9 Billion Tomahawk Contract Runs Into an 18-Month Clock

The Navy's $22.9 billion, seven-year Tomahawk award gives Raytheon the certainty to build toward 1,000 missiles a year. It does not buy back the 1,000-plus fired at Iran: rocket-motor lead times set the clock, while Ukraine's Fire Point builds 100 cheaper cruise missiles a month.