US Strikes $58.8 Billion Deal with Lockheed to Triple Patriot Missile Production

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International Relations

31 July 2026 at 5:35 pm

US Strikes $58.8 Billion Deal with Lockheed to Triple Patriot Missile Production

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Summary

The US has finalized a $58.8 billion deal with Lockheed Martin to triple the annual production of Patriot missiles from 600 to 2,000 by 2030, addressing depleting air defense stockpiles.

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