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US awards Lockheed Martin $58.6bn Patriot missile contract

Americas 1 source 1 country 🔦 Under-reported 7m ago

The United States Army has awarded Lockheed Martin a contract valued at up to $58.6 billion to increase the production of Patriot interceptor missiles. The agreement spans a seven-year period, beginning in the 2026 financial year and extending through 2032.

This contract is intended to expand the manufacturing capacity for the Patriot missile system. The initiative reflects a broader effort by Washington to bolster its supply of these interceptors over the coming years.

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Read the full story at the source Middle East Eye · GB
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