Under the terms of the agreements, Raytheon will increase annual production of the Tomahawk cruise missile, AMRAAM air-to-air missiles, Standard Missile-6, Standard Missile-3 IIA and Standard Missile-3 IB.
Raytheon executives said they see improvement for components like electronics, though shortages continue for castings, rocket motors and other key parts.
As threats rapidly evolve, digital engineering, manufacturing capacity and robust supply chains are critical to meeting challenges.
The agreement is designed to both stabilize and low costs of the supply chain under Raytheon's long-running contracts with the Missile Defense Agency (MDA) and the Navy.
The Trump Administration argues the HASC's cuts to the defense policy bill would hamper missile detection and defense priorities.
"I don't trust the Air Force, on its own, given its existing structure to properly prioritize space," Chairman of the House Armed Services Committee Adam Smith says.
By 2021, plans call for Japan to have eight Aegis destroyers, four of them capable of launching the SM-3 Block IIA missiles, whose second successful test in a row comes as a vindication after two previous failures.
Breaking Defense Europe will launch May 4 with Tim Martin and Elisabeth Gosselin-Malo as co-editors.