Lockheed Martin

US awards $58.6 billion Patriot missile contract amid rising stockpile concerns

US awards $58.6 billion Patriot missile contract amid rising stockpile concerns

  • Lockheed said the funding would allow it ‌to follow through on a promise to triple PAC-3 MSE production capacity by the end of 2030 ⁠
  • A similar framework deal had been struck ‌with Raytheon’s parent company RTX to boost production of Tomahawk cruise missiles
By Reuters ·

Lockheed Martin adopts a three-pillar approach in its cooperation with partners, which includes knowledge transfer, localization of industries and human capital development. (Reuters/File Photo)

Egypt in talks with US defense company Lockheed Martin

By Mohammed Abu Zaid ·