The U.S. military has announced a $22.9 billion contract with Raytheon for Tomahawk missiles.

On August 17 local time, the U.S. Navy announced it has signed a $22.9 billion contract with Raytheon to increase the production of Tomahawk cruise missiles. According to reports, the acting Secretary of the Navy stated that they will "expand the capacity of the ammunition industrial base through close collaboration with the industry," and the Navy is "utilizing all available means to meet the demands of current operations." The U.S. Navy has not disclosed the specific increase in production for the Tomahawk missiles or the duration of the contract.