New funding will support accelerated production capacity for critical solid rocket motors ARLINGTON, Va., Sept. 24, 2025 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, and Avio USA have executed a purchase order for funding of up to $26 million for continued engineering work on the Mk 104 dual-thrust rocket motor to support Raytheon's Standard Missile franchise. The purchase order comes 13 months after the businesses signed a contract for preliminary engineering work on the Mk 104 rocket motor. This project secures funding through the Critical Design Review phase, procurement of long lead material for qualification, and will enable increased and accelerated capacity for solid rocket motor production. "This purchase order represents an important step in expanding our supply chain to ensure the resilience and availability of the Mk 104 rocket motor," said Barbara Borgonovi, president of Naval Power at Raytheon.