Raytheon Wins $536 Million Army Deal to Ramp Up TOW Missile Production
War Contracts

Raytheon Wins $536 Million Army Deal to Ramp Up TOW Missile Production

The Tucson-based contractor's modification lifts the anti-tank weapon contract to $750.8 million, with work in Arizona set to finish Aug. 31, 2027.

Richard Miniter
By
First Published: August 7, 2026, 1:14 PM ET

TUCSON, ARIZONA — Raytheon Co., the Tucson, Arizona, missile maker that ranks among the largest U.S. defense contractors, won a $535.9 million Army modification to expand production of the TOW anti-tank weapon, as announced on war.gov.