The U.S. Army has awarded Lockheed Martin a seven-year contract worth up to $58.6 billion to produce Patriot interceptor missiles, the Pentagon announced Wednesday, as the military scrambles to replenish air defense stockpiles severely depleted by the ongoing conflict with Iran.
The Pentagon awarded Lockheed Martin a seven-year contract worth up to $35 billion to increase production of Terminal High Altitude Area Defense (THAAD) interceptors.
Anduril Industries and Palantir Technologies are working to develop software for the Golden Dome, a source familiar with the matter shared with Reuters.
Lockheed Martin, in partnership with NASA, completed the first flight of the X-59, described as a "revolutionary, quiet supersonic aircraft designed to pave the way for faster commercial air travel."