U.S. Army awards RTX's Raytheon TOW contracts for $676 million
Raytheon, an RTX business, secured $676 million in contracts from the U.S. Army for the TOW weapon system, comprising a $430 million production contract in FY2023 and $246 million in 2024. The company can manufacture up to 10,000 missiles annually and has delivered over 700,000 TOW systems to date. Recent improvements include modernized fuzing and target detection, demonstrated in successful Fly-To-Buy lot acceptance tests. The TOW system has been used in combat 11,000 times since 2003, with approximately 13,000 missiles provided to Ukraine. The weapon system will remain in service with U.S. and allied forces beyond 2050.
Raytheon, un'azienda di RTX, ha ottenuto 676 milioni di dollari in contratti dall'esercito degli Stati Uniti per il sistema d'arma TOW, comprendente un contratto di produzione da 430 milioni di dollari nell'anno fiscale 2023 e 246 milioni di dollari nel 2024. L'azienda può produrre fino a 10.000 missili all'anno e ha consegnato oltre 700.000 sistemi TOW fino ad oggi. Recenti miglioramenti includono sistemi di fuzing modernizzati e rilevamento dei bersagli, dimostrati in test di accettazione di lotte Fly-To-Buy di successo. Il sistema TOW è stato utilizzato in combattimento 11.000 volte dal 2003, con circa 13.000 missili forniti all'Ucraina. Il sistema d'arma rimarrà in servizio con le forze statunitensi e alleate oltre il 2050.
Raytheon, un negocio de RTX, aseguró 676 millones de dólares en contratos del Ejército de EE. UU. para el sistema de armas TOW, que incluye un contrato de producción de 430 millones de dólares en el año fiscal 2023 y 246 millones de dólares en 2024. La compañía puede fabricar hasta 10,000 misiles anuales y ha entregado más de 700,000 sistemas TOW hasta la fecha. Las mejoras recientes incluyen un fusible y detección de objetivos modernizados, demostrados en pruebas de aceptación de lotes Fly-To-Buy exitosas. El sistema TOW se ha utilizado en combate 11,000 veces desde 2003, con aproximadamente 13,000 misiles proporcionados a Ucrania. El sistema de armas seguirá en servicio con las fuerzas de EE. UU. y aliadas más allá de 2050.
레이시온(Raytheon), RTX의 사업 부문, 미국 육군으로부터 TOW 무기 시스템 관련 6억 7천6백만 달러의 계약을 체결했습니다. 여기에는 2023 회계연도에 4억 3천만 달러의 생산 계약과 2024년에 2억 4천6백만 달러가 포함되어 있습니다. 이 회사는 연간 최대 10,000 발의 미사일을 제조할 수 있으며, 현재까지 70만 대 이상의 TOW 시스템을 납품했습니다. 최근 개선 사항에는 현대화된 정점 장치와 목표 탐지 기능이 포함되어 있으며, 이는 성공적인 Fly-To-Buy 수락 테스트에서 입증되었습니다. TOW 시스템은 2003년 이후 전투에서 11,000회 사용되었으며, 우크라이나에 약 13,000 발의 미사일이 제공되었습니다. 이 무기 시스템은 2050년 이후에도 미국 및 동맹국의 군대와 함께 서비스될 것입니다.
Raytheon, une entreprise d'RTX, a obtenu 676 millions de dollars en contrats de l'armée américaine pour le système d'armement TOW, comprenant un contrat de production de 430 millions de dollars pour l'exercice 2023 et 246 millions de dollars pour 2024. L'entreprise peut fabriquer jusqu'à 10 000 missiles par an et a livré plus de 700 000 systèmes TOW à ce jour. Les récentes améliorations incluent des dispositifs de mise à feu et de détection de cibles modernisés, démontrés lors de tests d'acceptation de lots Fly-To-Buy réussis. Le système TOW a été utilisé au combat 11 000 fois depuis 2003, avec environ 13 000 missiles fournis à l'Ukraine. Le système d'armement restera en service avec les forces américaines et alliées après 2050.
Raytheon, ein Unternehmen von RTX, sicherte sich 676 Millionen Dollar an Verträgen von der US-Armee für das TOW-Waffensystem, einschließlich eines Produktionsvertrags über 430 Millionen Dollar im Haushaltsjahr 2023 und 246 Millionen Dollar im Jahr 2024. Das Unternehmen kann jährlich bis zu 10.000 Raketen herstellen und hat bisher über 700.000 TOW-Systeme geliefert. Jüngste Verbesserungen umfassen modernisierte Zünder und Zielerkennung, die in erfolgreichen Fly-To-Buy-Abnahmeprüfungen demonstriert wurden. Das TOW-System wurde seit 2003 in 11.000 Einsätzen verwendet, wobei etwa 13.000 Raketen an die Ukraine geliefert wurden. Das Waffensystem wird über das Jahr 2050 hinaus mit den US-amerikanischen und verbündeten Streitkräften im Einsatz bleiben.
- Secured $676 million in new U.S. Army contracts
- Production capacity of 10,000 missiles annually
- Successful demonstration of modernized fuzing and target detection improvements
- Strong track record with over 700,000 systems delivered
- None.
Insights
The
The modernization efforts, including improved fuzing and target detection, enhance the product's competitive advantage in the anti-tank guided missile market. With over 700,000 systems delivered and 11,000 combat uses since 2003, the TOW system's proven track record and continued technological improvements suggest strong future market potential, especially given the statement that it will remain in service beyond 2050.
The ongoing conflict in Ukraine, which has received approximately 13,000 TOW missiles, further validates the system's strategic importance and could drive additional orders from NATO allies seeking to strengthen their defense capabilities.
The TOW weapon system will be in service with the
"Our TOW production line is active, and we can manufacture up to 10,000 missiles annually," said Tom Laliberty, president of Land and Air Defense Systems at Raytheon. "This combat-proven effector is ready to meet current and future anti-tank guided missile requirements for the US Army, Marines Corps, and land forces across the globe."
Raytheon continues to improve TOW's design with modernized fuzing and target detection. These upgrades were recently demonstrated in successful Fly-To-Buy lot acceptance tests of the latest TOW 2B variant of the missile.
The modernized fuzing and target detection updates provide warfighters unparalleled capability, maintaining the fastest target engagement time in the segment. This allows TOW to support and excel during complex urban engagements with varied targets of interest while maintaining superior ATGM capability as primary mission.
Additionally, improvements to the overall missile design and packaging will help meet the latest military environmental requirements to support evolving logistical and terrain challenges. This testing milestone ensures TOW users around the world have the latest and most effective weapon system for their deterrence and defensive needs.
To date, Raytheon has delivered more than 700,000 TOW weapon systems to
TOW is compatible with a variety of manned and unmanned vehicles, including the High Mobility Multipurpose Wheeled Vehicle, Stryker anti-tank guided missile vehicle, Bradley Fighting Vehicle, and numerous light armored vehicles. Work under these contracts will take place in
About Raytheon
Raytheon, an RTX business, is a leading provider of defense solutions to help the
About RTX
With more than 185,000 global employees, RTX pushes 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, and developing next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2023 sales of
For questions or to schedule an interview, please contact corporatepr@rtx.com
View original content:https://www.prnewswire.com/news-releases/us-army-awards-rtxs-raytheon-tow-contracts-for-676-million-302280690.html
SOURCE RTX
FAQ
What is the total value of RTX's new TOW missile contracts with the U.S. Army?
How many TOW missile systems has RTX (RTX) delivered to date?
What is RTX's annual production capacity for TOW missiles?
How many TOW missiles has RTX provided to Ukraine?
