The Department of War announced Monday that the U.S. Navy has awarded Raytheon, an RTX business, a $22.9 billion contract to accelerate production of Tomahawk missiles, as the Pentagon moves to expand the nation’s munitions capacity and replenish critical long-range strike weapons.

The news came after President Donald Trump pushed back on concerns over the strain the Iran conflict might be placing on U.S. weapons stockpiles.

“What we’ve used is peanuts,” Trump told Fox News’ Trey Yingst in an exclusive phone interview earlier Monday. “We have a lot of mid-level weapons.”

PENTAGON RACES TO BUY 10X MORE MISSILES AS IRAN WAR DWINDLES ARSENAL…

Read the full article at FOXNEWS.COM