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The United States has reached an agreement with Lockheed Martin and Northrop Grumman to increase the production of components for the Patriot and THAAD missile defense systems, with investments exceeding $3 billion. This move aims to meet the rising demand resulting from conflicts in the Middle East and Ukraine. The agreement seeks to triple the production of Patriot missiles and quadruple that of THAAD missiles, while also strengthening sources of engines and safety systems. This comes at a time when U.S. weapon stocks are dwindling, as estimated by the Center for Strategic and International Studies, which indicates that the American military possesses fewer than 1,000 Patriot missiles and under 250 THAAD missiles, amid growing demand from allies and the increasing risk of weapon shortages on the battlefield.
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