U.S. Navy, RTX Strengthen Munitions Production Through SM-6 Award
Published on October 1, 2026
WASHINGTON — Acting Secretary of the Navy Hung Cao announced today that the Department of the Navy awarded Raytheon, an RTX business, a five-year contract, with two additional option years, valued at up to $24.4 billion to accelerate production of the Department’s critical anti-air and anti-surface warfare munition, Standard Missile-6 (SM-6).