RTX’s (NYSE:RTX) Raytheon unit has secured $287.0 million modification to a previously awarded contract.
The contract modification includes recertification and modernization of 166 Tomahawk Block IV All-Up-Round Missiles, extending their operational lifespan for up to an additional 15 years, and includes missile obsolescence and health monitoring, software maintenance, depot support, and hardware procurements.
The project work is expected to be completed in March 2026.
Naval Air Systems Command, Patuxent River, Maryland, is the contracting activity.