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Market Signal: Missile Industrial Base

The supplier base behind 1,000 Tomahawks a year

Published September 4, 2026 / Tomahawk missile production and supply chain

The US Navy has awarded Raytheon a seven-year, $22.9 billion contract supporting an annual production ramp to more than 1,000 Tomahawk missiles.

The ramp is already underway. Raytheon says it delivered three times as many Tomahawks in the first half of 2026 as it did during the same period in 2025.

$22.9B

seven-year Navy contract

>1,000

annual production target

176

mapped first-tier supplier sites

~$732M

mapped subcontract obligations

The production target is set above 1,000 missiles a year

Seven-year Navy contract awarded to Raytheon

$22.9B
Contract value
>1,000/year
Supported annual rate
3x
Delivery progress

H1 2026 deliveries compared with H1 2025, as reported by Raytheon

Mimir maps 176 first-tier supplier sites beneath Tomahawk

Positive first-tier subcontract obligations, FY2021-FY2025

Mimir's FY2021-FY2025 data identifies approximately $732 million in mapped Tomahawk subcontract obligations. Around 62% of this value passed through the ten largest sites, while the 25 largest accounted for approximately 84%.

~84%
captured by the 25 largest sites
Ten largest sites~62%
25 largest sites~84%

Guidance and antennas

Honeywell, Clearwater / BAE Systems, Boulder

Inertial-navigation units and missile-antenna content

Propulsion and warhead content

Williams International, Pontiac / Aerojet Rocketdyne, East Camden

Missile engines, rocket motors, warheads and safe-and-arm devices

Actuation and structures

Parker-Hannifin, Dublin / JCM Engineering, Ontario

Electromechanical actuation, fins, wings, boattails and machining

Cables and connectors

Ducommun LaBarge, Berryville

Cable assemblies, harnesses, connectors and sheet-metal assemblies

Tomahawk is a large share of the observed defense work at four supplier sites

Tomahawk share of observed US defense subcontract obligations at each CAGE, FY2021-FY2025

These percentages describe the program's position within the defense subcontract activity visible at each individual contracting site. They are not estimates of total company or facility revenue.

Meggitt Oregon
McMinnville, OR / CAGE 60980 / Rubber components and tooling
~91%
Canyon Composites
Anaheim, CA / CAGE 1SA19 / Missile structures
~62%
Crissair
Valencia, CA / CAGE 99240 / Valves and tubing
~59%
JCM Engineering
Ontario, CA / CAGE 3J545 / Missile structures and precision machining
~52%

The largest Tomahawk suppliers also support other missile programs

18
of the 25 largest sites

appeared on at least one other priority missile family

The overlap places much of the Tomahawk ramp inside supplier sites already supporting production across other major missile programs.

AMRAAMSM-6JASSMPatriotGMLRSPrSM

The production implication

The Tomahawk ramp is not confined to Raytheon's production line. It requires a relatively concentrated supplier base to expand while many of the same sites are supporting demand across other missile programs.

Sources and notes

Mimir analysis of positive first-tier subcontract obligations associated with Tactical Tomahawk, FY2021-FY2025. Supplier sites are identified by CAGE. Concentration and site-share figures are calculated from unrounded values and displayed as rounded estimates. Mapped subcontract records do not represent a complete program bill of materials.

Sources: USAspending, FPDS, Mimir Data Platform and Modeling, US Navy and Raytheon.

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