The US Department of Defense has awarded Raytheon Technologies (NYSE: RTX) two defense contracts worth a combined $1.28 billion for missile and weapons-system production, accelerating efforts to rebuild a strained defense industrial base. The announcement follows warnings from senior military commanders that the Pentagon’s munitions stockpile is "dangerously low" after managing a more than five-month military campaign against Iran with dwindling supplies of missiles and interceptors.The Pentagon announced on Friday that the Missile Defense Agency awarded Raytheon a $745.4 million contract to manufacture and assemble Standard Missile-3 Block IIA missiles for the US government and Japan’s Ministry of Defense. Additionally,…