Did the Pentagon award RTX’s Raytheon a $20.7 billion AMRAAM missile contract in September 2026?

Yes. On September 28, 2026, Reuters reported that the Pentagon awarded RTX’s Raytheon a provisional multiyear contract worth $20.7 billion to accelerate production of AMRAAM missiles, as the U.S. military works to replenish stockpiles depleted by conflicts in the Middle East and Ukraine.

AMRAAM is used in air-to-air fighter combat and in the NASAMS surface-to-air system. Industry executives noted that Congress has not yet appropriated the funding for the full multiyear commitment, so the award is provisional pending lawmakers’ action.

Source: Reuters

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