Lockheed Martin: Fills depleted US stockpile with a $59 billion contract for PAC-3 interceptor missiles

The escalating Iran conflict has caused US stockpiles of crucial air defense missiles to drop to a critical level. To mitigate this strategic risk, the Pentagon has awarded Lockheed Martin a record contract worth $58.62 billion for new Patriot interceptor missiles. With self-investments of up to $9 billion, the defense contractor aims to triple its production capacity by 2030.   The escalating military confrontation with Iran forces the US government into a drastic strategic maneuver. While the high consumption of interceptor missiles...