Navy awards Raytheon $22.9 billion to speed Tomahawk output after Iran war shortage
Acting Navy Secretary Hung Cao announced the deal Monday. The award equals about 2.6 percent of the $896.88 billion the US spent on national defense in fiscal 2025.
Acting Navy Secretary Hung Cao announced the deal Monday. The award equals about 2.6 percent of the $896.88 billion the US spent on national defense in fiscal 2025.