Raytheon bags Tomahawk contracts on either side of the Atlantic

Raytheon Missile Systems picked up two major contracts for its Block V Tomahawk cruise missile in the last week of May. On May 24 the US Navy (USN) awarded Raytheon the first ever multi-service procurement deal for the Tomahawk. The Lot 18 full-rate production contract, worth $217.1m, covers 154 Block V versions of the missile for the USN, US Army and US Marine Corps (USMC), broken down into 70 for the USN, 30 for the US Army and 54 for