Raytheon wins DoW, U.S. Navy contract to accelerate Standard Missile-6 production

The Department of War announced a U.S. Navy award of $24.4 billion to Raytheon, an RTX business, to accelerate production of the Standard Missile-6 (SM-6), described as a critical anti-air and anti-surface warfare munition. The five-year agreement includes two additional option years and is intended to speed production, increase manufacturing throughput, and deliver 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.”

The department said the agreement, paired with a recent Tomahawk weapon system award, is designed to give industry long-term predictability to expand workforce capacity and secure critical supply chains, helping ensure forces remain equipped with advanced capabilities to maintain global maritime superiority.

The Office of the Under Secretary of War for Acquisition and Sustainment said it equips the Joint Force and allies with secure, resilient, and decisive capabilities through a portfolio-driven strategy that fields advanced technologies at speed and scale, while accelerating acquisition and modernizing critical infrastructure to rebuild the “Arsenal of Freedom” and secure an enduring military advantage against pacing threats.