24 Hrs
Source:
الراي
U.S. allocates over 3 billion for missile production
The United States plans to invest over three billion dollars to boost the production of Patriot missiles and THAAD systems in response to the increased demand resulting from conflicts in the Middle East and Ukraine, where inventories are severely depleted. The new agreement will allow for a threefold increase in Patriot missile production and a fourfold increase in THAAD system production, with expectations of providing a secondary source for missile engines and accelerating production rates, especially given Ukraine's ongoing need for a sufficient stockpile of defensive missiles. This move follows a $58.6 billion deal with Lockheed Martin to produce additional missiles, and it is considered necessary to strengthen U.S. air defense capabilities and strategic reserves amidst global tensions.
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