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RTX's Raytheon awarded $1.1 billion U.S. Navy contract to produce AIM-9X Block II missiles

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RTX's Raytheon has secured its largest-ever production contract for the AIM-9X Block II missile program, valued at $1.1 billion from the U.S. Navy. The contract will boost production capacity to 2,500 missiles annually. The AIM-9X is an advanced infrared-tracking missile system with both air-to-air and surface-to-air capabilities, proven effective in multiple combat theaters worldwide. The system is compatible with various modern aircraft and can be integrated with ground-launched platforms, including the National Advanced Surface-to-Air Missile System (NASAMS). Currently utilized by over 30 allied nations, the joint U.S. Navy and Air Force program continues to attract international interest.
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Positive

  • Secured largest-ever AIM-9X production contract worth $1.1 billion
  • Significant production increase to 2,500 missiles per year
  • Strong international presence with over 30 allied nations using the system
  • Combat-proven technology with versatile air and ground launch capabilities

Negative

  • None.

News Market Reaction

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On the day this news was published, RTX gained 0.76%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Award represents largest production contract to date

TUCSON, Ariz., June 4, 2025 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, was awarded a $1.1 billion contract from the U.S. Navy to produce AIM-9X Block II missiles. This is the largest contract awarded for the program and will increase production to 2,500 missiles per year.

"This award represents a historic milestone for the AIM-9X program, further emphasizing its importance to the U.S. and partnered nations," said Barbara Borgonovi, president of Naval Power at Raytheon. "Through our partnership with the U.S. Navy, we are well-positioned to support this increased demand."

AIM-9X is the most advanced infrared-tracking, short-range, air-to-air and surface-to-air missile that is combat proven in several theaters around the world. It is configured for easy installation on a wide range of modern aircraft and provides proven layered defense with ground-launched capabilities, including the National Advanced Surface-to-Air Missile System, or NASAMS.

A U.S. Navy-led joint program with the U.S. Air Force, AIM-9X is used by over 30 allied and partner nations and continues to gain international interest.

About Raytheon
Raytheon, an RTX business, is a leading provider of defense solutions to help the U.S. government, our allies and partners defend their national sovereignty and ensure their security. For more than 100 years, Raytheon has developed new technologies and enhanced existing capabilities in integrated air and missile defense, smart weapons, missiles, advanced sensors and radars, interceptors, space-based systems, hypersonics and missile defense across land, air, sea and space.

About RTX
RTX is the world's largest aerospace and defense company. With more than 185,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. Through industry-leading businesses – Collins Aerospace, Pratt & Whitney and Raytheon – we are advancing aviation, engineering integrated defense systems for operational success, and developing next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2024 sales of more than $80 billion, is headquartered in Arlington, Virginia.

For questions or to schedule an interview, please contact corporatepr@rtx.com.

 

Cision View original content:https://www.prnewswire.com/news-releases/rtxs-raytheon-awarded-1-1-billion-us-navy-contract-to-produce-aim-9x-block-ii-missiles-302472563.html

SOURCE RTX

FAQ

What is the value of RTX's new Navy contract for AIM-9X missiles?

RTX's Raytheon was awarded a $1.1 billion contract from the U.S. Navy to produce AIM-9X Block II missiles.

How many missiles per year will RTX produce under the new contract?

The contract will increase production to 2,500 AIM-9X Block II missiles per year.

How many countries currently use the AIM-9X missile system?

The AIM-9X is currently used by over 30 allied and partner nations.

What are the key capabilities of the AIM-9X missile system?

The AIM-9X is the most advanced infrared-tracking, short-range missile with both air-to-air and surface-to-air capabilities, compatible with various modern aircraft and ground-launched systems like NASAMS.

Who manages the AIM-9X missile program?

The AIM-9X is a U.S. Navy-led joint program with the U.S. Air Force.
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