Pentagon orders more missiles for Mideast war

The extensive use of interceptor missiles by the United States, Israel and the Gulf states to counter Iranian retaliatory attacks has raised questions about stockpile sizes.

Reuters
New F-35
Washington: The US Department of Defense on Wednesday announced three agreements with defense contractors to boost production of missiles and other parts to replenish dwindling supplies used in the Mideast war.

The extensive use of interceptor missiles by the United States, Israel and the Gulf states to counter Iranian retaliatory attacks has raised questions about stockpile sizes.

Also Read: Iran dismisses US ceasefire plan


Lockheed Martin and BAE Systems agreed to a fourfold increase in production of a key component called "seeker heads" for THAAD, a high-altitude anti-missile system that has seen significant use in the Middle East.

The agreement puts the "industrial base on a wartime footing," the Department of Defense said in a press release.

Also Read: In Iran war, cheap drones remain wild card
ADVERTISEMENT

At the end of January, Lockheed Martin had already announced an acceleration of its THAAD production from around 100 to about 400 a year within a few years.

The Pentagon announced a second agreement with Lockheed Martin to "accelerate" production of Precision Strike Missiles, or PrSM, tactical ballistic missiles used for the first time against Iran. They succeed the previous Army Tactical Missile System, or ATACMS.

Lockheed Martin confirmed the order to quadruple output of the PrSM missiles, saying it builds on a previous $4.94 billion contract award from the US Army last year.

In a third deal, Honeywell Aerospace agreed to boost the production of "critical components for America's munitions stockpile," including navigation systems, a DoD press release said.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › Defence › Pentagon orders more missiles for Mideast war
Text Size:AAA
Success
This article has been saved

*

+