Pentagon awards Raytheon contract worth up to $20.7 billion for AMRAAM missiles — Anadolu Agency

The US Department of Defense has awarded RTX Corporation’s Raytheon division a contract worth up to $20.7 billion to accelerate the production of AMRAAM missiles. This was reported by Anadolu Agency.

Contract terms

The multiyear contract is designed for five years and includes two additional optional years. It concerns Advanced Medium-Range Air-to-Air Missiles — AMRAAM medium-range air-to-air missiles.

According to the Pentagon’s assessment, the agreement is expected to nearly double AMRAAM production compared with the previous level. The contract is part of broader US efforts to expand the industrial base for munitions production.

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US Department of Defense position

US Deputy Secretary of Defense for Acquisition and Sustainment Michael P. Duffy said that the department, together with defense industry enterprises, is working to increase production.

According to him, the contract is intended to strengthen the US ability to supply the Joint Force and allies with proven air-to-air capabilities and maintain a decisive advantage for American military personnel.