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America invests 24B for missile production

America invests 24B for missile production

The U.S. Department of Defense has signed a $24.4 billion contract with Raytheon to accelerate the production of SM-6 interceptors over five years, aiming to replace the stocks depleted during the war with Iran. This contract is crucial to address the shortage of strategic munitions, as reports indicate a slowdown in replenishment due to high consumption in recent operations. It will enhance the U.S. military's ability to meet future air and surface defense needs.

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