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US strikes $58.6 billion Patriot missile deal amid rising stockpile concerns

Straits Times

WorldStraits Times·Jul 29, 2026·1 min read

US strikes $58.6 billion Patriot missile deal amid rising stockpile concerns

WASHINGTON, July 29 - The U.S. Army awarded Lockheed Martin a contract worth up to $58.6 billion to produce Patriot interceptor missiles, the Pentagon said on Wednesday, as conflicts in Iran and Ukraine strain U.S. weapons stockpiles.

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