Raytheon Awarded $1.1B Contract to Produce AIM-9X Missiles
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 26 2026
0mins
Raytheon, an RTX business, was awarded a $1.1B contract from the U.S. Navy to produce AIM-9X Block II missiles to bolster U.S. military inventory and meet increased demand from allied nations. Under the contract, Raytheon will produce AIM-9X missiles along with associated hardware and software for U.S. and Foreign Military Sales customers. A majority of the work under this contract will take place in Tucson, Arizona.
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Analyst Views on RTX
Wall Street analysts forecast RTX stock price to fall
14 Analyst Rating
9 Buy
5 Hold
0 Sell
Moderate Buy
Current: 201.370
Low
168.00
Averages
195.77
High
215.00
Current: 201.370
Low
168.00
Averages
195.77
High
215.00
About RTX
RTX Corporation is an aerospace and defense company, which provides advanced systems and services for commercial, military, and government customers worldwide. The Company operates through three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. Collins Aerospace segment provides technologically advanced aerospace and defense products and aftermarket service solutions for civil and military aircraft manufacturers, commercial airlines, and regional, business and general aviation, as well as for defense and commercial space operations. The Pratt & Whitney segment supplies aircraft engines for commercial, military, business jet, and general aviation customers. The Raytheon segment provides defensive and offensive threat detection, tracking and mitigation capabilities for the United States and foreign government and commercial customers. The Raytheon designs, develops, and provides advanced capabilities in integrated air and missile defense, smart weapons, missiles and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Emergency Demand Response: This initiative aims to bolster supply chain resilience and support urgent air defense needs for both U.S. and European forces, ensuring rapid delivery capabilities in today's security environment.
- Strengthened International Cooperation: Additional nations are expected to join this multinational collaboration to expand industrial capacity and meet the growing global demand for AMRAAM, further solidifying air superiority.
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- Supporting NATO Demand: Raytheon stated that the increased production capacity will support future work with the NATO Support and Procurement Agency to meet regional air defense system demands, further solidifying its position in the international defense market.
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See More
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See More
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- Strengthened International Cooperation: Additional nations are expected to join this multinational collaboration to expand industrial capacity and meet the growing global demand for AMRAAM, further solidifying air superiority.
- Policy Support and Investment: The cooperation was recognized at the NATO Summit, highlighting how industry and governments can work together to strengthen the transatlantic defense industrial base, ensuring that warfighters receive the advanced capabilities they need swiftly.
See More
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- Industry Comparison: In contrast to SpaceX's high-risk, high-debt model, companies like RTX and Heico demonstrate stable revenue growth and profitability, suggesting that robust business models are more attractive in the aerospace sector.
See More
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- Profitability Enhancement: Heico reported record net income up 49% year-over-year in Q2 fiscal 2026, with net sales reaching $1.375 billion, successfully integrating four acquisitions, showcasing its robust performance and sustained profitability in the aviation maintenance market.
- Defense Market Opportunity: Curtiss-Wright's sales hit $914 million in Q1 2026, up 13%, with its defense nuclear business supplying critical components for U.S. Navy submarines and aircraft carriers, ensuring long-term revenue stability.
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See More
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- Missile Production Expansion: RTX's Raytheon unit is collaborating with Diehl Defence to double Stinger missile production in response to increasing global demand, which is expected to significantly enhance the company's market share and competitiveness.
- European Supply Chain Integration: Diehl Defence will manufacture the guidance section and source related subcomponents from across Europe, while Raytheon will collaborate with Dutch suppliers for major assemblies, with final assembly and testing taking place in the Netherlands, thereby optimizing production processes.
- NATO Agreement Signing: At the NATO summit in Turkey, RTX announced a coalition agreement to expand the AMRAAM missile program, marking the first time components of the advanced air-to-air missile will be produced on European soil, enhancing Europe's defense capabilities.
- New Supplier Qualification Studies: RTX is working with the U.S. government and multiple European countries to conduct feasibility studies to qualify new suppliers for priority missile components, which will help improve production flexibility and responsiveness, further solidifying its position in the global missile market.
See More
Raytheon Plans to Double Stinger Missile Production
- Production Capacity Expansion: Raytheon is collaborating with Diehl Defence to double Stinger missile production in response to rising global demand, which is expected to significantly enhance its market share in Europe.
- Key Component Manufacturing: Diehl Defence will produce the guidance section of the Stinger missile and source related parts from across Europe, strengthening Raytheon's supply chain integration capabilities in the region.
- Supporting NATO Demand: Raytheon stated that the increased production capacity will support future work with the NATO Support and Procurement Agency to meet regional air defense system demands, further solidifying its position in the international defense market.
- Positive Stock Reaction: Following the announcement, RTX shares rose approximately 1% in pre-market trading, indicating a positive market response to the production expansion plan and reflecting investor confidence in the company's future growth potential.
See More
Raytheon Collaborates with Europe to Boost Stinger Missile Production
- Doubling Production Capacity: Raytheon is collaborating with Diehl Defence to double Stinger missile production in response to increasing global demand, which is expected to significantly enhance the company's market share and competitiveness.
- Key Component Manufacturing: Diehl Defence will produce the guidance section of the Stinger missile and source related subcomponents from across Europe, strengthening the European defense industrial base and ensuring reliable access to critical air defense capabilities for allies.
- Assembly and Testing: The final Stinger missiles will be assembled, tested, and completed in the Netherlands, which not only elevates the Netherlands' position in defense production but also strengthens future collaboration with the NATO Support and Procurement Agency.
- Long-term Partnership: The CEO of Diehl Defence stated that this collaboration marks another strong chapter in their partnership with Raytheon on Stinger missile production, which is expected to lay the groundwork for future defense projects.
See More
