Department of Defense announced a $3.5 billion award to Raytheon for AMRAAM missiles: it’s the largest contract in program history.

On Jul. 31, 2025, the DOD announced that Raytheon was awarded a $3.5B contract for the latest production lots of the AIM-120 AMRAAM (Advanced Medium Range Air-to-Air Missiles) which is the largest contract in program history. Contents Department of Defense announced a $3.5 billion award to Raytheon for AMRAAM missiles: it’s the largest contract in program history. AIM-120 AMRAAM

This award comes less than a year after Raytheon received a $1.2 billion production contract for the combat-proven weapon, and involves Foreign Military Sales to several allied countries, including Israel, Japan , Canada, Germany, the UK and Ukraine.

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