Contracts for Aug. 7, 2026 – Raytheon Co

Raytheon Co., Tucson, Arizona, was awarded a $536 million modification (P00025) to contract W31P4Q-23-C-0026 for full rate production and engineering services in support of the TOW Weapon System. The modification brings the total cumulative face value.

First Published: August 7, 2026, 1:26 PM ET

TUCSON, ARIZONA — Raytheon Co., Tucson, Arizona, was awarded a $536 million modification (P00025) to contract W31P4Q-23-C-0026 for full rate production and engineering services in support of the TOW Weapon System. The post centers on Raytheon Co., Tucson, Arizona, was awarded a $536 million modification (P00025) to contract W31P4Q-23-C-0026 for full rate….

It could still affect markets, policy, or the next round of decisions. Readers will want to know who is affected and what happens next.Raytheon Co., Tucson, Arizona, was awarded a $536 million modification (P00025) to contract W31P4Q-23-C-0026 for full rate production and engineering services in support of the TOW Weapon System.

The modification brings the total cumulative face value of the contract to $750.8 million. Work will be performed in Tucson, Arizona, with an estimated completion date of Aug. 31, 2027.

Fiscal 2026 other procurement, Army funds in the amount of $54.9 million were obligated at the time of the award. Army Contracting Command, Redstone Arsenal, Alabama, is the contracting activity.

This contract represents the 2nd contract awarded to Raytheon Co., in 2026, bringing the company’s total contract value for the year to $1,306,362,955. It is also the 2nd Department of Defense contract awarded in Arizona during 2026. While this is not the largest contract ever awarded to Raytheon Co., whose record stands at $745,387,095, it is notable within the Army portfolio. Specifically, it falls between the 2026 Army portfolio’s year-to-date minimum of $9,051,490 and maximum of $53,859,843,289. Overall, this award was announced among 3 Department of Defense contracts issued nationwide on August 7, 2026.