The Economic Times

Pentagon signs 7-year deals with General Dynamics and Lockheed Martin to increase missile production

The Pentagon has secured seven-year agreements with General Dynamics and Lockheed Martin. These deals aim to increase production quantities for critical missile subcomponents. The agreements will accelerate delivery schedules for important defense programs. This initiative supports the Terminal High Altitude Area Defense interceptor program. It also enhances the Patriot Advanced Capability-3 Missile Segment Enhancement program.