Lockheed Martin wins $58.6B contract to produce Patriot interceptors

The Army has awarded Lockheed Martin a seven-year contract worth up to $58.6 billion to churn out Patriot interceptor missiles in an effort to replenish quickly diminishing U.S. The deal, announced Wednesday, converts a previous one-year contract worth $4.7 billion awarded to Lockheed in April.
Reported by 1 outlet — The Hill. See all sources ↓
The Army has awarded Lockheed Martin a seven-year contract worth up to $58.6 billion to churn out Patriot interceptor missiles in an effort to replenish quickly diminishing U.S. The deal, announced Wednesday, converts a previous one-year contract worth $4.7 billion awarded to Lockheed in April. The alteration means the U.S.
Read the full report at The Hill ↗
Why it matters
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- What's the story?
- The Army has awarded Lockheed Martin a seven-year contract worth up to $58.6 billion to churn out Patriot interceptor missiles in an effort to replenish quickly diminishing U.S. The deal, announced Wednesday, converts a previous one-year contract worth $4.7 billion awarded to Lockheed in April.
- How widely is it covered?
- 1 outlet, average source rating 7.0/10.
- When was it last updated?
- 1d ago.
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Lockheed Martin wins $58.6B contract to produce Patriot interceptors
Sources1TypeCoverageThe Hill