Skip to content
Bull Bear Daily

Bull Bear Daily

Primary Menu
  • Home
  • Business
  • Domestic
  • Economy
  • Money
  • Politics
  • Top News
  • Newsletters
  • Home
  • 2024
  • June
  • 29
  • 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

Bull Bear Daily June 29, 2024

(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)

Continue Reading

Previous: Biden acknowledges age, bad debate performance but vows to beat Trump
Next: Saudi Arabia’s net foreign direct investment rises 5.6% in first quarter

Related Stories

2025-07-03T155111Z_1_LYNXMPEL620VU_RTROPTP_4_PRECIOUS-PLATINUM
  • Business

Analysis-Platinum prices have limited upside after June’s stellar rally

Bull Bear Daily July 3, 2025
2025-07-03T172246Z_1_LYNXMPEL6210M_RTROPTP_4_USA-SHALE-INDEPENDENTS
  • Business

US drillers cut oil and gas rigs for 10th week in a row, Baker Hughes says

Bull Bear Daily July 3, 2025
2025-07-02T141148Z_1_LYNXMPEL610N6_RTROPTP_4_AUTOSHOW-CHINA
  • Business

BYD’s off-road brand Fangchengbao offers discount for Huawei assisted driving system

Bull Bear Daily July 2, 2025

Live Market Pulse

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

Recent Posts

  • US Treasury chief sees 100 countries getting 10% reciprocal tariff
  • Analysis-Platinum prices have limited upside after June’s stellar rally
  • Japan PM Ishiba says President Trump may be misinformed on some tariff issues
  • US Treasury chief sees 100 countries getting 10% reciprocal tariff
  • US drillers cut oil and gas rigs for 10th week in a row, Baker Hughes says

You may have missed

  • Newsletters

US Treasury chief sees 100 countries getting 10% reciprocal tariff

Bull Bear Daily July 3, 2025
2025-07-03T155111Z_1_LYNXMPEL620VU_RTROPTP_4_PRECIOUS-PLATINUM
  • Business

Analysis-Platinum prices have limited upside after June’s stellar rally

Bull Bear Daily July 3, 2025
2025-07-03T141438Z_1_LYNXMPEL620RC_RTROPTP_4_JAPAN-ELECTION

Japan PM Ishiba says President Trump may be misinformed on some tariff issues

Bull Bear Daily July 3, 2025
2025-07-03T190704Z_1_LYNXMPEL6213E_RTROPTP_4_USA-CONGRESS-TAX

US Treasury chief sees 100 countries getting 10% reciprocal tariff

Bull Bear Daily July 3, 2025
  • Home
  • Privacy Policy
  • Terms of Service
  • Disclaimer
  • Contact Us
Copyright 2025 © All rights reserved | Bull Bear Daily | bullbeardaily.com