Deals·October 13, 2026 at 12:11 PM EDT·1 source
Raytheon secures 2 Pentagon contracts worth $30.7B combined
RTX -1.9%
RTX · last 30 trading days+2.3% since the news
News
debt, log scale$31B
$100M$1B$10B$100B
What happened
- Raytheon secured two Pentagon contracts worth $30.7 billion combined.
- The agreements will increase production of Standard Missile-3 Block IB and Standard Missile-6 interceptors.
- Production will be expanded at Raytheon facilities in Alabama and Arizona.
Combined contract value
$30.7B
Why it matters
The contracts are significant for defense-industry professionals because they support expanded interceptor production and provide visibility into Pentagon procurement at Raytheon facilities.
Deal terms
debt
Pentagon → Raytheon
Value
$31B
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Who is involved
financingRaytheon secures 2 Pentagon contracts worth $30.7B combinedRaytheontargetPentagonbuyerRTXRTX
CompanyThe deal
Sources (1)
- Manufacturing DiveOct 13Raytheon secures 2 Pentagon contracts worth $30.7B combined
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