Raytheon Awarded $2 Billion Contract for Nuclear Cruise Missile

  • Air Force to buy up to 1,000 missiles for B-52, B-21 planes
  • Award comes as Pentagon starts new Nuclear Posture Review
Photographer: Simon Dawson/Bloomberg
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Raytheon Technologies Corp. was awarded a contract worth as much as $2 billion to develop a new nuclear cruise missile, the first major Biden administration move to field replacements to America’s aging nuclear arsenal, the Pentagon said Thursday.

The Air Force plans to buy up to 1,000 Long-Range Standoff Weapons to replace the Air Launched Cruise Missile first fielded in 1982. The new weapon, if fielded, would be carried on B-52 and B-21 bombers.