DEFENSE INDUSTRY BOOM: MULTI-MILLION DOLLAR DEAL SIGNALS A NEW ERA FOR MILITARY DOMINANCE
In a major win for U.S. defense contractors, Raytheon, part of RTX (NYSE: RTX), has just secured a staggering $736 million contract from the U.S. Navy to deliver the latest, cutting-edge AIM-9X® Sidewinder® missiles. This blockbuster deal isn’t just about more missiles – it’s about transforming an already lethal weapon into an unstoppable force with the improved Block II variant, designed to crush obsolescence and keep America’s military lightyears ahead.
The AIM-9X Block II missile, hailed for its superior performance and long-term reliability, is a joint program with the U.S. Air Force. It’s not just America that’s getting a taste of this air-to-air supremacy – over 30 allied nations have already added the Sidewinder to their arsenals, and the world can’t seem to get enough. The Czech Republic just inked a deal in March 2024 to arm their cutting-edge F-35s with these game-changing missiles, making them the newest member of the AIM-9X global club.
Barbara Borgonovi, Raytheon’s president of Naval Power, didn’t mince words about the missile’s dominance, stating: “AIM-9X is the gold standard for short-range air and surface-to-air missile defense. We’re stepping up our production capacity to meet sky-high international demand, and next year’s orders will be bigger than ever.”
This deal locks in Raytheon’s position as a missile powerhouse through 2029, with work to be done in various locations across the U.S. as part of the contract. The legacy of the Sidewinder is no small feat – in service since 1956, this iconic missile has seen over 110,000 units produced for the U.S. and allies. It’s racked up an estimated 270 kills, making it a staple of air superiority in the West.
But here’s where the future gets even more exciting: the AIM-9X is the most advanced infrared-tracking missile in the world, designed to easily integrate with modern aircraft like the F-35 and F-22. This next-gen weapon comes equipped with lock-on after launch capability, allowing pilots to fire first and guide later, ensuring a 360-degree kill radius. Whether fired from the skies or from the ground through systems like NASAMS, the AIM-9X Block II is rewriting the rules of air warfare.
However, even the best can get better. While the missile’s performance has been nothing short of remarkable, there’s still room for improvement, especially in helmetless high off-boresight (HHOBS) engagement, where the Block II slightly lags behind its predecessor.
As global tensions rise and nations clamor for the most advanced defense systems, Raytheon is positioning itself as the go-to supplier for missile dominance. This colossal contract is just the beginning – the AIM-9X is set to shape the future of air combat for decades to come. The message is clear: America is locked, loaded, and ready to dominate the skies.