Lockheed Martin
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Ministry of Economy Expands Cooperation with Lockheed Martin
Minister of Economy Nir Barkat met with the leadership of Lockheed Martin's aviation division to discuss new avenues for collaboration with Israeli technology and cyber companies.
A $2 million interceptor instead of $4 million: Boeing and Lockheed in a program to lower missile costs
In Huntsville, industry giants presented plans to lower the cost of interceptors after the war with Iran depleted about two-thirds of the Patriot inventory. Lockheed is offering the ACE for around $2 million, and Boeing is cutting the cost of the seeker head.
Following the incident in Iran: The US military conducted special training
In a special training exercise, the US military demonstrated the CH-53K helicopter's ability to extract and transport an F-15 aircraft. The helicopter, intended to replace Israel's 'Yasur' fleet, ensures high battlefield survivability.
The New Arms Race: The Search for Low-Cost Patriot Alternatives
The shortage of ballistic interceptors amid ongoing conflicts in Ukraine and the Middle East has ignited a global arms race. Nations are now racing to develop interception systems that match the performance of the Patriot at a fraction of the cost and production time.
Because of Iran: The Pentagon will purchase Patriot interceptors for $58.9 billion
The US Department of Defense has signed a massive contract with Lockheed Martin to purchase over 10,000 Patriot interceptors. The deal will increase production rates to 2,000 missiles per year and prioritize supplies for US forces and Gulf states.