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Source: https://www.reuters.com/business/aerospace-defense/lockheed-martin-more-than-triple-patriot-missile-production-capacity-2026-01-06/

From the post:

>Lockheed Martin (LMT.N), opens new tab said on Tuesday that it has reached a seven-year agreement with the U.S. Department of War to increase the annual production capacity for its PAC-3 missile interceptors to 2,000 units a year from about 600 previously. Demand for the PAC-3, or Patriot Advanced Capability missile interceptors, has grown as the U.S. and allied countries step up air defense capabilities in response to heightened geopolitical tensions.

Source: https://www.reuters.com/business/aerospace-defense/lockheed-martin-more-than-triple-patriot-missile-production-capacity-2026-01-06/ From the post: >>Lockheed Martin (LMT.N), opens new tab said on Tuesday that it has reached a seven-year agreement with the U.S. Department of War to increase the annual production capacity for its PAC-3 missile interceptors to 2,000 units a year from about 600 previously. Demand for the PAC-3, or Patriot Advanced Capability missile interceptors, has grown as the U.S. and allied countries step up air defense capabilities in response to heightened geopolitical tensions.

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