US signs mega $58.6bn deal for Patriot missiles as stock runs low amid Iran war
The United States has awarded Lockheed Martin a contract worth up to $58.6 billion to produce Patriot interceptor missiles, marking one of the Pentagon’s biggest air defence procurement deals as conflicts in Iran and Ukraine continue to deplete critical missile stockpiles.The US Army said the contract converts a previous one-year, $4.7 billion agreement awarded in…
