Uploaded August 2026 | Updated September 2026, 2 weeks ago
RTX Corp. won a contract valued at $22.9 billion from the US navy to accelerate production of Tomahawk cruise missiles, at a time when weapon systems stockpiles come under strain given the ongoing war with Iran. #trump #iran #politics #news #usa
The US defense contractor said that as part of the award, it will increase capacity and work closely with hundreds of US suppliers “to rapidly scale output to meet long-term needs,” according to a statement on Monday.
Read more: bloomberg.com/news/articles/2026-08-17/rtx-wins-22-9-billion-navy-missile-contract-amid-supply-strain
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RTX Corp. won a contract valued at $22.9 billion from the US navy to accelerate production of Tomahawk cruise missiles, at a time when weapon systems stockpiles come under strain given the ongoing war with Iran. #trump #iran #politics #news #usa
The US defense contractor said that as part of the award, it will increase capacity and work closely with hundreds of US suppliers “to rapidly scale output to meet long-term needs,” according to a statement on Monday.
Read more: bloomberg.com/news/articles/2026-08-17/rtx-wins-22-9-billion-navy-missile-contract-amid-supply-strain
----------
Like this video? Subscribe youtube.com/@Bloomberg-News
Bloomberg News is the first word in business news. Visit bloomberg.com for the latest on global business, markets and more.
Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: bloomberg.com/subscriptions?in_source=YoutubeOriginals
Bloomberg on YouTube:
youtube.com/@business
youtube.com/@markets
youtube.com/@BloombergTechnology
youtube.com/@BloombergPodcasts
Connect with us on social:
instagram.com/bloombergbusiness
linkedin.com/company/bloomberg-news
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