Raytheon Wins US Navy’s $641M Tomahawk Missiles Contract

The Pentagon awarded Raytheon two contracts worth $641.3 million on Friday to modernize the Navy’s Tomahawk cruise missiles and supply new ones.

Launched from ships and submarines, these missiles can strike targets precisely from 1,000 miles away, according to Raytheon.

The first contract valued $493.44 million provides for the recertification and modernization of Tactical Tomahawk (TACTOM) Block IV all-up round missiles to include the integration of navigation and communication kits. This will result in a modernized TACTOM Block V missile.

The Block IV has a data link that allows it to switch targets while in flight, and can loiter for hours and change course instantly on command, where Block V series will include upgraded navigation and communication.

Additionally, this contract provides for spare recertification, obsolescence and health monitoring, TACTOM depot, flight test and engineering support services alongside associated hardware procurements.  Work is expected to be complete by September 2023, the Pentagon said in a statement.

Raytheon was awarded another contract worth $147.9 million for the full rate production and delivery of 90 Lot 16 Block V Tactical Tomahawk (TACTOM) All Up Round (AUR) Vertical Launch System missiles and other hardware and related services for the Navy. The deal also includes provision of TACTOM Block IV AUR recertification AGR-4 Spares. Work is expected to be completed in August 2022.