RTX's Raytheon Reports Contract for AMRAAM Missile Production

05:51 PM EDT, 09/28/2026 (MT Newswires) -- RTX's (RTX) Raytheon said late Monday it will raise AMRAAM missiles production under a five-year contract with two option years valued up to $20.7 billion. The contract was awarded as part of the Department of War's Arsenal of Freedom, the company said. The contract follows an agreement earlier this year for the annual production of at least 1,900 AMRAAM missiles, it added.