US awards Raytheon $22.9bn Tomahawk production deal as concerns mount over dwindling munitions
The US on Monday said it had awarded RTX's Raytheon unit a $22.9 billion contract to boost Tomahawk missile production as the Pentagon rushes to rebuild a munitions stockpile depleted by the Iran war. Concern has been mounting that the Iran conflict is draining US inventories of air defence and precision-guided weapons such as Patriot and Terminal High Altitude Area Defence (THAAD) missile…
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