US signs deal to boost missile-interceptor parts production

Key facts

• The U.S. Defense Department has signed a deal with Lockheed Martin and Northrop Grumman.
• The agreement aims to boost the production of components for missile-interceptor systems.
• Specifically, the deal focuses on parts for Patriot and THAAD missile systems.

The U.S. Defense Department has entered into agreements with defense contractors Lockheed Martin and Northrop Grumman to expand the production of components for critical missile-interceptor systems. The deal specifically targets parts necessary for the Patriot and THAAD missile defense platforms, aiming to increase manufacturing capacity for these vital defense assets.