RTX's Raytheon Wins $20.7B Multi-Year Contract For AMRAAM Under Landmark Production Agreement

Raytheon, an RTX (NYSE: RTX ) business, will accelerate production of AMRAAM® missiles to record-setting levels under the terms of a five-year multi-year contract with two option years valued up to $20.7 billion awarded as part of the Department of War's Arsenal of Freedom.