US Navy awards RTX's Raytheon $24.4 billion contract for Standard Missile-6 amid stockpile concerns
01/10/2026 22:01
US Navy awards RTX's Raytheon $24.4 billion contract for Standard Missile-6 amid stockpile concerns WASHINGTON, Oct 1 (Reuters) - The US Navy said on Thursday it had awarded RTX's Raytheon RTX.N unit a multiyear contract worth up to $24.4 billion to produce Standard Missile-6 interceptors for the US Navy, as the Pentagon pushes to replenish munitions stockpiles depleted by conflicts in the Middle East.
(Reporting by Mike Stone in Washington; Editing by Nia Williams)
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