Pentagon awards major contracts to Raytheon for AMRAAMs and Boeing for Navy fighter

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Posted Sep 30, 2026, 10:30 AM UTC · In the digest of 2026-09-30-1030
Pentagon awards major contracts to Raytheon for AMRAAMs and Boeing for Navy fighter
Photo: Defense News

The US Defense Department has awarded multi-billion dollar contracts to Raytheon for AMRAAM missile production and Boeing for the U.S. Navy's F/A-XX sixth-generation fighter jet.

The United States Department of Defense has announced two major military contracts worth over $20 billion each.

RTX subsidiary Raytheon received a multi-year contract valued at up to $20.7 billion to manufacture Advanced Medium-Range Air-to-Air Missiles (AMRAAM). Spanning five years with two additional option years, the agreement aims to significantly expand annual production capacity to meet rising domestic and international demand.

Concurrently, Boeing secured a $20 billion development contract from the U.S. Navy for the F/A-XX program, beating out competitor Northrop Grumman. The award covers manufacturing initial test aircraft and development for the Navy's sixth-generation carrier-based stealth fighter jet following an extended period of quiet progress.

Sources: Breaking Defense, Defense News, Global Defence Corp, Hartpunkt, Opex360.

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