Printed from https://fiscalreceipts.com/program/2104C59300/ — built September 26, 2026. Every figure is citation-backed; see the page online for per-number provenance.
TOW 2 System Summary
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Budget figures
FY2026 award data is a partial year — USAspending reports awards on a rolling basis, and this corpus runs through 2026-09-04. why partial FY2026 data? →
Budget trajectory
| Fiscal year | Amount |
|---|---|
| FY24 | $180.8M |
| FY25 | $105.3M |
| FY26 | $11.7M |
All series figures: P-1 TOA · PB2026
Decade view
P-1/R-1 workbook TOA basis, shown compact in $B/$M (the workbook records USD thousands); each figure cites its own President's Budget edition
The vertical scale does not start at zero: the baseline sits just below this program’s smallest year, so a low point on this line is not a small amount. Read the shape for direction and the grid below for the figures.
● actuals (line) · ○ enacted · ◇ request — gaps are editions the program is absent from, never interpolated.
| Series | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Actuals | $101.9M | $261.8M | $180.8M | ||
| Enacted | – | $103.9M | $120.5M | $105.3M | |
| Request | – | – | $120.5M | $121.4M | $11.7M |
blank = series not published for this year; – = absent from that edition.
Asked vs spent: the PB2024 book requested $120.5M for FY2024; the PB2026 book reported $180.8M as actual total obligation authority — $60.3M above the request. 180.8 − 120.5 = 60.3 USD millions — the compact figures above are rounded for reading.
Program lineage
No predecessor/successor lineage was recorded for this program element — no FY-to-FY transfer into or out of this line was stated in the ingested J-books, and none was inferred from the program structure.
Description
Description — TOW 2 System Summary
Tube launched, Optically tracked, Wireless guided (TOW) missiles (BGM-71 Series) are combat proven munitions that provide heavy anti-armor/assault capability to the Army's Infantry Brigade Combat Teams (IBCT), Stryker Brigade Combat Teams (SBCT) and Armor Brigade Combat Teams (ABCT). TOW missiles continue to be used as the weapon of choice in precision combat engagements. TOW missiles are also the primary heavy anti-armor/ assault missile for the U.S. Marine Corps (USMC) and more than 43 allied nations. Warfighters also employ TOW missiles against buildings and field fortifications, taking advantage of the missile's precision assault capabilities. The TOW weapon system is an Army-led, Acquisition Category (ACAT) IC Major Defense Acquisition Program (MDAP) that has joint interest with the USMC. The TOW weapon system includes the Improved Target Acquisition System (ITAS) launcher, TOW missiles, and associated tactical training aids/devices. The ITAS is a combat proven TOW missile launcher that provides long-range, lethal anti-armor and precision assault fires capability for Active, Reserve, and National Guard component IBCT and SBCT across a spectrum of operational environments. The USMC employs the TOW missile from its ITAS derived M41A7 Saber launchers and Anti-Tank Guided Missile (ATGM) vehicles.
Justification
Justification — TOW 2 System Summary
FY 2026 base funding of $11.731M is required to support Engineering Services, Acceptance Testing, Management and fielding of prior year(s) production of TOW 2 missiles. Funding decrease from FY 2025 to FY 2026 is due to the completion of the procurement of TOW 2 missiles, in support of Army Transformation Initiative (ATI) to cease TOW missile procurement. In accordance with Section 1815 of the FY 2008 National Defense Authorization Act, this item is necessary for use by the active components and reserve components of the Armed Forces for homeland defense missions, domestic emergency responses and providing military support to civil authorities.
Budget line items(workbook-cited)
P-1/R-1 workbook Total Obligation Authority basis (USD thousands) · PB2026.
Exhibit P-1
| Account | Org | Type | Amount |
|---|---|---|---|
| Missile Procurement, Army | A | FY24 Actuals | $180.8M |
| Missile Procurement, Army | A | FY25 Enacted | $105.3M |
| Missile Procurement, Army | A | FY26 Disc. Request | $11.7M |
| Missile Procurement, Army | A | FY26 Total | $11.7M |
Budget Details(R-2/P-40 facts)
J-book detail basis (R-2/P-40, USD millions) · PB2026 — a different accounting basis from the P-1/R-1 workbook TOA above; where the two disagree, the reconciliation strip under Budget figures shows both.
Wider than this screen — swipe the table sideways for the remaining fiscal-year columns.
| Project | All Prior Years | FY24 Actuals | FY25 Total | FY26 Base | FY26 Request |
|---|---|---|---|---|---|
| Program Element | $4.24B | $180.8M | $105.3M | $11.7M | $11.7M |
Follow the dollar
Appropriation → program element → top high-confidence awards → recipient families → congressional districts.
Follow-the-dollar covers 312 of 1,938 programs — only high-confidence budget→award links are shown. why coverage is partial? →
The diagram illustrates the cited table below — amounts shown in the diagram are transaction sums per award (no citation chips); the per-district obligations in the table cite USAspending queries.
| District | Program obligations |
|---|---|
| AZ-07 | $1.80B |
Related awards
Award linkage is shown for 32 of 200 profiled companies — high- and medium-confidence USAspending matches, each row labeled; medium is the weaker evidence. why partial award coverage? →
Rows marked medium rest on evidence weaker than a program-level match, and of more than one kind. An account-based row, where the award drew from the same appropriation account as this program, is an association, not evidence that this program paid for the contract. Where the evidence is instead an FPDS acquisition-program tag or a subaward description, the program is established but which of its budget lines paid is not. An announcement link a recorded review did not leave standing is medium too. Only high rows rest on the contract naming this program with a recorded review upholding it and no recorded rejection or refutation applying.
| Recipient | PIID | Confidence |
|---|---|---|
| RAYTHEON COMPANY | W31P4Q12C0265 | high |
| RAYTHEON COMPANY | W31P4Q17C0194 | high |
| RAYTHEON COMPANY | SPRRA223F0029 | medium |
Contractor concentration
No concentration index is published for this line. This line's high-confidence links do not clear the floor for a published concentration index — at least 3 awards across 2 contractor families holding positive obligations, with positive net linked dollars. An index below that floor is a fact about the sample, not about the market. Whatever further links this line carries are medium-confidence, and what each medium evidence path does and does not establish is set out in the methodology. Both bases are in the downloadable warehouse.
Lobbying mentions
No Senate LDA lobbying filing in the tracked data mentions this program element by code or alias.
Oversight
Department-level designation (not specific to this program)
GAO lists 5 high-risk areas for DOD as a whole. That designation covers the department, not TOW 2 System Summary. No program-specific GAO finding for this line is in the ingested data. See the DOD oversight record.
Program dossier
No research dossier for this program — dossiers cover 50 of 1,938 programs, the largest fully J-book-detailed lines by FY2026 requested dollars. why no dossier here? →
Primary sources
Open any budget figure for its exact receipt. Verified line items lead with the highlighted government PDF; original spreadsheets download with their budget edition and exhibit in the filename.
Budget totals · TOA sources
FY2026 Department of Defense Budget: Procurement Programs (P-1) · comptroller.war.gov
Exhibit P-1 · O66
Complete workbook · unchanged saved copy. Saves as PB2026_DoD_P-1_Procurement.xlsx.
FY2024 Department of Defense Budget: Procurement Programs (P-1) · comptroller.war.gov
Exhibit P-1 · O67
Complete workbook · unchanged saved copy. Saves as PB2024_DoD_P-1_Procurement.xlsx.
FY2025 Department of Defense Budget: Procurement Programs (P-1) · comptroller.war.gov
Exhibit P-1 · O64
Complete workbook · unchanged saved copy. Saves as PB2025_DoD_P-1_Procurement.xlsx.
Detailed budget justification
The related TOA spreadsheets above use a different accounting basis from R-2/P-40 detail. Their amounts are not assumed to match these detailed sources.
Missile Procurement Army · www.asafm.army.mil
PDF page 158