Lockheed Unveils Move Towards Cheaper Patriot Missiles As Interceptor Stockpiles Dwindle

Lockheed Unveils Move Towards Cheaper Patriot Missiles As Interceptor Stockpiles Dwindle With US-Iran tit-for-tat strikes on their ninth day and the Russia-Ukraine war grinding on in Eastern Europe, US inventories of certain air-delivered munitions are being depleted. This has made the rapid procurement of lower-cost missiles and bombs a top priority for the Trump administration. The Wall Street Journal reports that defense giant Lockheed Martin is planning a low-cost version ...

By Tyler Durden