WASHINGTON — RTX has inked a plan with the Pentagon to ramp up production of five munitions, including the Tomahawk cruise missile and AMRAAM air-to-air missile.
The framework agreements announced today are the first between RTX’s Raytheon’s weapons unit and the Trump administration, which has called on defense contractors to make larger investments in their factories and prioritize speeding up weapons production.
The deals may also signal a positive shift in the relationship between Raytheon and the Trump administration, which appeared shaky after President Donald Trump in January criticized the company by name for being the “least responsive” to the Pentagon’s needs.
Under the terms of the agreements, Raytheon will increase annual production of…
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Source breakingdefense.com
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