US awards Raytheon $22.9B Tomahawk deal as Trump dismisses weapons stockpile concerns

The Department of War announced Monday that the U.S. Navy has awarded Raytheon, an RTX business, a $22.9 billion contract to accelerate production of Tomahawk missiles, as the Pentagon moves to expand the nation’s munitions capacity and replenish critical long-range strike weapons.

The news came after President Donald Trump pushed back on concerns over the strain the Iran conflict might be placing on U.S. weapons stockpiles.

"What we’ve used is peanuts," Trump told Fox News’ Trey Yingst...