US Military Industrial Giant Ramps Up Production in Response to National Defense Readiness Needs

BlockBeats News, March 25th, according to US media reports, the Pentagon has reached a series of framework agreements with major defense contractors to accelerate the production of key missile systems. These systems saw extensive use in the early stages of the US and Israel's war against Iran.

According to the Pentagon's announcement, Lockheed Martin and BAE Systems have reached an agreement with the Department of Defense on a plan to "quadruple the production of the THAAD interceptor missile seeker." Earlier, the Department of Defense had reached a framework agreement with Lockheed Martin to quadruple the production of the THAAD interceptor missile.

In another separate framework agreement, Honeywell Aerospace will invest $500 million over the next few years to "significantly increase the production of key components in the US ammunition stockpile," including navigation systems and other products.

In addition, Lockheed Martin and the Pentagon will also increase the production of the Precision Strike Missile (PrSM), which is an alternative model to the Army's Tactical Missile System (ATACMS). (Jinshi)