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RTX's Raytheon awarded $24.4 billion multi-year contract for SM-6 interceptors

PR Newswire•01/10/2026•17:20 ET
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Key Highlights

  • ➤$24.4 billion SM-6 contract awarded to RTX (RTX) business Raytheon
  • ➤Five-year SM-6 contract includes two additional option years
  • ➤Contract significantly increases SM-6 interceptor availability for the U.S. Navy
  • ➤Raytheon President Phil Jasper said production capacity is being expanded

Expert Statements

Phil Jasper, President of Raytheon

“SM-6's multi-mission capability is vital to our customer, and Raytheon is intensely focused on meeting the demand.”

Phil Jasper, President of Raytheon

“By continuously investing in our operations and facilities, we are removing constraints and boosting capacity to ensure we deliver this critical capability our sailors depend on.”

RTX's Raytheon awarded $24.4 billion multi-year contract for SM-6 interceptors PR Newswire

Contract boosts production of combat‑proven missile defense capability

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