Published Jul 29, 2026, 5:49 PM ET · Updated 3 months ago · 5 sources

Lockheed Wins $59 Billion Deal to Build Patriot Missiles

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Original Report

The Pentagon awarded Lockheed Martin Corp. a $59 billion deal to triple Patriot missile production over the next seven years, as the Trump administration works to boost a munitions stockpile drained by the Iran war.