THE PENTAGON AWARDED LOCKHEED MARTIN A $59 BLN DEAL TO TRIPLE PATRIOT MISSILE PRODUCTION OVER THE NEXT SEVEN YEARS AS THE TRUMP ADMINISTRATI

THE PENTAGON AWARDED LOCKHEED MARTIN A $59 BLN DEAL TO TRIPLE PATRIOT MISSILE PRODUCTION OVER THE NEXT SEVEN YEARS AS THE TRUMP ADMINISTRATION WORKS TO REBUILD A MUNITIONS STOCKPILE DRAINED BY THE IRAN WAR, EXTENDING AN APRIL $4.7 BLN CONTRACT WITH A NEW $53.86 BLN MODIFICATION, WITH PRODUCTION RAMPING FROM ROUGHLY 600 MISSILES A YEAR TO AROUND 2,000 BY 2030 AND THE PAC-3 MSE INTERCEPTORS COSTING ABOUT $4 MLN EACH.