RTX · News · 20261021N
Javelin Contract Award
RTX Corp · 2026-10-21 · Importance 40 · Surprise 42 · In source text
A Raytheon–Lockheed Martin joint venture won a $215 million contract to produce next-generation Javelin missile launchers. The new launchers are expected to be 30% smaller and 25% lighter than the current system, with twice the target detection and recognition range. Raytheon is investing $22 million to modernize its Tucson, Arizona, factory for the program. The award adds near-term production demand and capacity investment to RTX’s defense portfolio.
Key facts
- A Raytheon-Lockheed joint venture secured a $215 million contract to produce next-generation Javelin missile launchers. source
- Raytheon invested $22 million to modernize its Tucson factory for Javelin production. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | -0.0% | Raytheon invested $22 million to modernize its Tucson factory for Javelin production. |
| revenue | positive | committed | — | A Raytheon-Lockheed joint venture secured a $215 million contract to produce next-generation Javelin missile launchers. |