US Army awards Lockheed Martin $1.2B PrSM contract
The U.S. Army awarded Lockheed Martin a PrSM contract worth up to $1.2 billion.
By Michael Peck
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The Pentagon asked industry how fast it could make more weapons. The numbers remain private.
The Pentagon remains mum about defense contractors' plans to boost weapons production and delivery following a 21-day deadline for companies to send ideas.
Pentagon moves to triple Patriot, quadruple THAAD interceptor production
The Pentagon is looking to triple Patriot missile production and quadruple THAAD interceptor production through framework agreements announced Monday.
The arms race for cheaper anti-ballistic weapons is underway
After years of a Patriot monopoly, new anti-ballistic alternatives are emerging. Officials hope to see some of them on the battlefield by the end of 2026.
US strikes $58.6 billion Patriot missile deal amid rising stockpile concerns
The U.S. Army awarded Lockheed Martin a contract worth up to $58.6 billion to produce Patriot interceptor missiles.
By Mike Stone, Reuters
Lockheed Martin announces cheaper Patriot interceptor missile
Lockheed Martin introduced a cheaper Patriot interceptor as the U.S. and partner nations grapple with the exorbitant costs of shooting down cheap drones.
By Eve Sampson