Explore the ramp outcome:
Tomahawk production ramp: depletion, contract, capacity ramp with 34-month lot lead time, execution gate, and two terminal outcomes 2026 2027 2028 2029 2030 Raytheon Tucson, AZ · Tomahawk production line 1 · Depletion -1,000+ spent Tomahawks fired ≈half stockpile 2026 Iran war ATACMS/PrSM low 2 · Contract $22.9B Navy award Arsenal of Freedom 3 · Capacity ramp target 1,000+/yr 60-200/yr baseline 5 · execution gate 2030 deliveries hold slip 4 · Back-loading ~34 mo per lot Ramp bottlenecked gate restricts throughput deliveries slip past 2030 margin compression thesis breaks Ramp on schedule ramp reaches 1,000+/yr deliveries land on 2030 backlog converts to cash dividend growth supported
On schedule — the gate stays open, the ramp holds to ~1,000 missiles/yr, and the 2030 deliveries convert backlog to cash that supports dividend growth.