Raytheon Secures $105.6 Million DoD Contract for AMRAAM Missile Parts

Raytheon Co. has been awarded a $105.6 million contract modification from the U.S. Department of Defense for the procurement of parts for its Advanced Medium Range Air-to-Air Missiles (AMRAAM). The award, announced on September 22, 2026, underscores continued domestic and international demand for the widely used missile system.

Contract Details

The agreement is a firm-fixed-price modification to a previously awarded contract, according to the official announcement. All work will be performed at Raytheon's facility in Tucson, Arizona, with an expected completion date of August 31, 2027.

The Air Force Lifecycle Management Center, based at Robins Air Force Base in Georgia, is the contracting activity for this award. This modification ensures the continued supply of critical components for the AMRAAM production line.

Funding and International Scope

The contract is supported by a mix of funding sources, reflecting its broad scope:

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• $61.5 million from fiscal 2025 missile procurement funds
• $8.3 million from fiscal 2025 Navy weapons procurement funds
• $35.6 million from Foreign Military Sales (FMS) funds

A significant portion of the contract is dedicated to fulfilling orders for international partners. The agreement includes military sales to 30 countries, including key U.S. allies such as Australia, Canada, Germany, Japan, the Republic of Korea, and the United Kingdom. This highlights the AMRAAM's role as a standard air-to-air weapon for many of the world's air forces.

Market Implications

For Raytheon, a subsidiary of RTX, this contract modification reinforces its position as a premier global supplier of advanced munitions. Such awards provide a stable revenue stream and contribute to the company's long-term order backlog. The substantial Foreign Military Sales component also demonstrates the persistent international demand for U.S. defense technology, a key growth driver for the aerospace and defense sector.