Raytheon, a division of RTX, announced Wednesday that it would ramp up production of several key missile systems, weeks after President Donald Trump threatened to nix the company’s government contracts unless it invested more in manufacturing.
The defense giant said it reached five agreements with the Pentagon to accelerate annual deliveries of these precision munitions — by as much as four times their current rates — including more than 1,000 Tomahawk cruise missiles, at least 1,900 Advanced Medium Range Air-to-Air Missiles and roughly 500 SM-6 missiles. Production of SM-3 IIA and SM-3 IB missile defense interceptors are also expected to rise.
RTX, during a post earnings call last week, said it plans to make a $500 million increase in investments in 2026, enhancing facilities that make munitions.
Raytheon, a division of RTX, announced…
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