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SignificantEconomythehill·The Hill

Lockheed Martin wins $58.6B contract to produce Patriot interceptors

The Army awarded Lockheed Martin a seven-year contract worth up to $58.6 billion to produce Patriot interceptor missiles. The contract converts a previous one-year deal worth $4.7 billion awarded in April, allowing the U.S. military to receive replenished munitions.

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Thursday, July 30, 2026 at 04:24 PM EDT
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