Skip to content
Options Trading Report

Options Trading Report

Primary Menu
  • Home
  • Business
  • Domestic
  • Economy
  • Money
  • Top News
  • Newsletters
  • Home
  • 2024
  • June
  • US army awards Lockheed Martin $4.5 billion multi-year Patriot Missiles contract
  • Business

US army awards Lockheed Martin $4.5 billion multi-year Patriot Missiles contract

Editor June 29, 2024 1 minute read

(Reuters) -The U.S. Army awarded Lockheed Martin a multi-year contract worth $4.5 billion for its air defense Patriot Missiles system, the Pentagon said on Friday.

The Patriot system is one of an array of sophisticated air defense units supplied by the West to help Ukraine, as it continues its defense against Russia’s invasion.

The contract covers 870 PAC-3 MSE missiles and associated hardware.

Lockheed is manufacturing the newest version of the interceptors that arm the Patriot, known as PAC-3 MSE, which cost about $4 million each, according to Army budget documents.

(Reporting by Nathan Gomes in Bengaluru; Editing by Shinjini Ganguli)

About the Author

Editor

Administrator

Visit Website View All Posts

Post navigation

Previous: World Bank approves $1.25 billion loans for the Philippines
Next: Nestle sees stable sales growth from Q2, CEO tells paper

Related Stories

2026-04-30T165343Z_3_LYNXMPEM3T1GO_RTROPTP_4_USA-LEGAL
  • Business
  • Domestic

US consumer finance watchdog finalizes new rule on small lending data

Editor April 30, 2026
2026-04-28T153520Z_1_LYNXMPEM3R1AQ_RTROPTP_4_FEDEX-UNION-ALPA
  • Business
  • Domestic

FedEx, UPS vow to return tariff refunds to customers

Editor April 28, 2026
2026-04-24T120151Z_1_LYNXMPEM3N0P9_RTROPTP_4_META-PLATFORMS-RAY-BAN-AI
  • Business

Meta strikes deal with Amazon’s cloud unit to use its CPU chips 

Editor April 24, 2026

Live Market Pulse

The charting technology is provided by TradingView. Learn how to use theTradingView Stock Screener.

Want More Market News?
Add your email address below to get up to date market news and more!
By submitting your email address, you'll receive a free subscription to Options Trading Report newsletter (Privacy Policy). These newsletters are completely free - and always will be. You will also receive occasional offers about products and services available to you from our affiliates. You can unsubscribe at any time.

Search

Recent Posts

  • Anthropic’s Quiet IPO Step, Loud Market Signal
  • The One Ticker at the Heart of the Trump Fed Takeover
  • This $29.97 Book Is Yours Free Today
  • Streaming’s Second Act: Ads Are Now the Score
  • Streaming’s Second Act: Ads Are Now the Score

Categories

  • Business
  • Domestic
  • Economy
  • Market News
  • Newsletters
  • Options
  • Reflections
  • Top News

You may have missed

9041bd21-c517-40cf-9ee6-be4641e11111
  • Newsletters

Anthropic’s Quiet IPO Step, Loud Market Signal

Editor June 1, 2026
f01526eb-3d5a-49aa-8c0a-417a399e15d6
  • Newsletters

The One Ticker at the Heart of the Trump Fed Takeover

Editor June 1, 2026
d79045e7-6c6b-46f1-bc4f-af4bdb1df8de
  • Newsletters

This $29.97 Book Is Yours Free Today

Editor May 31, 2026
90df634c-930b-4db6-95c7-9ea85ab92773-1
  • Newsletters

Streaming’s Second Act: Ads Are Now the Score

Editor May 31, 2026
  • Home
  • Terms of Service
  • Privacy Policy
  • Disclaimer
  • Contact Us
Copyright 2026 © All rights reserved | Options Trading Report | optionstradingreport.com SITE_OK