President, Raytheon (RTX)
Appears in 2 stories
Last updated Oct 24, 2026
Positioning Raytheon to lock in propulsion supply as missile demand rises.
Construction is underway on Nammo's $200 million rocket-motor factory in Perry, Florida. Site clearing began in March 2026, and in October crews started pouring concrete for the propellant laboratory, the first new building due to come online.
Updated Oct 24
As of September 2026: Leading the AMRAAM production ramp
Raytheon will build AIM-120 AMRAAM missiles at record rates under a five-year contract worth up to $20.7 billion, with two option years. The deal targets 1,900 missiles per year for the US Air Force, Navy, and 16 allied countries.
Updated Sep 29
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