U.S. Department of Defense Signs Multi-Billion Dollar Agreements with Lockheed Martin, Northrop Grumman to Accelerelate Production of Patriot Missile and THAAD Interceptor Components
The U.S. Department of Defense on Monday signed a multi-billion dollar framework agreement with Lockheed Martin and Northrop Grumman, aiming to accelerate the production of Patriot missile and THAAD interceptor components. This move is intended to rebuild America's dwindling ammunition stockpiles, following significant consumption of critical missiles in support of Ukraine against conflicts involving Iran and Russia.
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