UPDATE 1-US signs deal to boost output of parts for Patriot, THAAD interceptor systems

The US Defense Department has signed a framework deal with Lockheed Martin and Northrop Grumman to triple Patriot PAC-3 and quadruple THAAD missile interceptor system production.

UPDATE 1-US signs deal to boost output of parts for Patriot, THAAD interceptor systems
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The U.S. Defense ‌Department ​has signed a framework deal with Lockheed Martin and Northrop Grumman to expand ‌the production capacity of components for the Patriot PAC-3 and THAAD missile interceptor systems, it said on Monday. Pentagon negotiators have pressed ‌contractors to move much faster with tentative production agreements ‌struck earlier this year to increase missile output as conflicts in the Middle East and Ukraine strain U.S. weapons stockpiles. Ukraine has run chronically ⁠low ​on supplies ⁠of Patriots, which remain the only weapon in its arsenal capable of ⁠downing ballistic missiles.

In its statement on Monday, the department said the framework ​deal would allow production of Patriots to triple ⁠and THAAD systems to quadruple. It did not give a value for the ⁠deal, ​which it said would establish a second source for PAC-3 solid rocket motors and ramp up output ⁠of ignition safety devices. It follows a deal last week when ⁠the U.S. ⁠Army awarded Lockheed Martin a contract worth up to $58.6 billion to produce Patriot interceptor missiles.

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