Thursday - December 25, 2025
U.S. Navy launches new acquisition era for Tomahawk missile program with first-ever fixed price incentive fee contract
December 23, 2025
PATUXENT RIVER, Maryland, Dec. 23 -- The U.S. Naval Air Systems Command issued the following news release:

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U.S. Navy launches new acquisition era for Tomahawk missile program with first-ever fixed price incentive fee contract

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In an unprecedented move for the Tomahawk program designed to save money and accelerate delivery to the fleet, the U.S. Navy awarded a $785 million fixed-price incentive fee (FPIF) contract to Raytheon, an RTX busi . . .

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