US signs deal to boost output of parts for Patriot, THAAD interceptor systems
The framework agreement will triple Patriot output and quadruple THAAD production as U.S. stockpiles come under pressure from conflicts in Ukraine and the Middle East.
- On Monday, the Defense Department signed a framework deal with Lockheed Martin and Northrop Grumman to expand production capacity for Patriot PAC-3 and THAAD missile interceptor systems.
- Pentagon negotiators pushed for faster production due to conflicts in the Middle East and Ukraine, where Patriot interceptors remain critical for ballistic missile defense.
- The Army awarded Lockheed Martin up to $58.6 billion last week for Patriot interceptors, while Northrop Grumman announced its share of the new agreement exceeds $3bn.
- Production capacity for Patriot and THAAD systems will triple and quadruple respectively. "Building the Arsenal of Freedom requires robust, dynamic supply chains," said Undersecretary Michael P. Duffey.
- Northrop Grumman rose more than 1 percent in early trading, while Lockheed gained 0.7 per cent. Ben Davies, corporate vice president of Northrop Grumman, said long-term investments enable the company to pivot to a production surge.
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The risk of the U.S. military running out of missile interceptors seems to have been met through an agreement
Pentagon signs deal to expand missile interceptor systems production
Welcome to The Hill’s Defense & NatSec newsletter {beacon} Defense &National Security Defense &National Security The Big Story Pentagon signs deal to expand missile interceptor component production The Pentagon announced on Monday that it signed framework agreements with defense contractors Northrop Grumman and Lockheed Martin to boost production of missile interceptor parts. AP Photo/Julia…
US Patriot Interceptor Stocks Have Fallen From About 2,300 to Under 1,000, Analysts Estimate. Rebuilding Is Likely to Take Years.
US air-defense stockpiles are running low: Patriot interceptor inventories have reportedly fallen from about 2,300 to under 1,000 since the Iran war began, THAAD totals are nearly halved, and a third or more of Tomahawk stocks are gone. Replenishment may take several years.
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