Navy awarded $22.9B contract to Raytheon to accelerate Tomahawk missile production
AI Summary
The U.S. Navy's $22.9 billion contract with Raytheon aims to ramp up production of Tomahawk missiles, addressing a critical munitions shortage following the start of conflict with Iran. This move underscores the urgency to bolster the defense industrial base and ensure a steady supply of essential military hardware. The decision signifies a significant investment in military readiness and reflects the ongoing strategic considerations in global defense dynamics.
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