# DoD Awards $24.4B SM-6 Production Contract

The U.S. Department of Defense awarded Raytheon a reported **$24.4 billion** contract on October 1, 2026, to accelerate SM-6 missile production. The agreement runs for five years and includes a two-year extension option. The award comes amid reported industrial-base bottlenecks and pressure on U.S. interceptor inventories, making production capacity and critical supply-chain availability central considerations for defense suppliers and procurement teams.

- The multi-year agreement signals sustained DoD demand for SM-6 production and related supply-chain capacity.
- Companies supplying components or production support can assess whether their capacity and delivery capabilities align with Raytheon’s increased production needs.
- Procurement teams and contractors should account for reported industrial-base bottlenecks when evaluating schedules and supplier availability.

**Jurisdictions:** federal
**Industries:** Defense & Military
**Published:** October 17, 2026

### Government Entities
- U.S. Department of Defense (DoD)

### Vendors
- Raytheon (awardee)

### Key Quotes
> By continuing to invest in our operations and facilities, we are working to remove bottlenecks and increase capacity to ensure the availability of the critical capabilities our sailors rely on.
> — Phil Jasper, President of Raytheon

### Sources
- [US Announces Contract Worth Rp440 Trillion to Accelerate Missile Production](https://voi.id/en/news/598799) - VOI.ID