The U.S. Pentagon said Monday that it had secured seven-year agreements with General Dynamics Ordnance and Tactical Systems and Lockheed Martin to increase missile production.
The agreements aim to “increase production quantities and accelerate delivery schedules” for critical missile components used in the THAAD and Patriot PAC-3 MSE interceptor programs, the Pentagon said.
The move comes as demand for U.S. missile defense systems has increased amid escalating conflicts and growing concerns over missile threats in the Middle East and beyond.
