US expands Patriot, THAAD missile production capacity

The Pentagon has reached agreements worth more than $3 billion with Lockheed Martin and Northrop Grumman to expand production capacity for munitions used by Patriot and THAAD air defense systems, according to statements from the US military department and Northrop Grumman.

The Pentagon said the “two framework agreements” are intended to increase the “production capacity of critical missile-interceptor components.”

The department highlighted that the agreements are expected to help triple production volumes of PAC-3 missiles for Patriot systems and quadruple production volumes for THAAD systems in the future.

Northrop Grumman said that two multi-year framework agreements valued at more than $3 billion had been signed.

Of the total amount, $2 billion will be allocated to the production of engines and other systems for PAC-3 missiles, while $1 billion will be used to increase production of THAAD components over a seven-year period.

Stabil.Az