Today, the Department of War announces a U.S. Navy award of $24.4 billion to Raytheon, an RTX business, to accelerate production of the Standard Missile-6 (SM-6), a critical anti-air and anti-surface warfare munition. This five-year agreement, with two additional option years, will drive faster production, increase manufacturing throughput, and deliver significant cost savings across the defense industrial base.
"Our mission is to ensure our warfighters never enter a fair fight," said Michael P. Duffey, Under Secretary of War for Acquisition and Sustainment. "This multi-year award locks in the magazine depth and lethal dominance our forces need to prevail, while demanding our industrial base produce at war-speed."
This agreement, coupled with the recent Tomahawk weapon system award, provides the defense industry with the long-term predictability needed to expand workforce capacity and secure critical supply chains. Together, these strategic investments ensure our warfighters remain equipped with the advanced capabilities required to maintain global maritime superiority.
About the Office of the Under Secretary of War for Acquisition and Sustainment:
The Office of the Under Secretary of War for Acquisition and Sustainment (A&S) equips the Joint Force and Allies with secure, resilient, and decisive capabilities. Driven by an unwavering commitment to the warfighter, A&S executes a portfolio-driven strategy to field advanced technologies at speed and scale. By accelerating acquisition and modernizing critical infrastructure, A&S is actively rebuilding the Arsenal of Freedom and securing our nation's enduring military advantage against any pacing threat.
