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US to boost missile interceptor output
The U.S. Department of Defense “Pentagon” has signed a framework agreement with Lockheed Martin and Northrop Grumman to increase the production of components for the Patriot and THAAD missile defense systems. The goal is to triple the output of Patriot missiles and quadruple that of THAAD. This move responds to the stock shortages caused by conflicts in the Middle East and Ukraine, especially since Ukraine heavily relies on Patriot missiles to intercept ballistic missiles. The department has not disclosed the value of the agreement but indicates the availability of a second source for missile engines and increased ignition safety devices. This agreement follows a previous contract worth $58.6 billion for the production of these missiles, aiming to strengthen U.S. defense capabilities and meet the rising demand.
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