The Pentagon said on Wednesday that in view of the tight US arms reserves caused by the Iran-Ukraine conflict, the US Army has awarded Lockheed Martin a contract worth up to 58.6 billion US dollars to produce the “Patriot” interceptor missile. While supplying large quantities of weapons to allies, the US also consumes ammunition during Iran's military operations, which has raised concerns about stocks of critical anti-aircraft weapons and precision-guided weapons. The Army said that the contract awarded to Lockheed Martin turned the previous agreement worth 4.7 billion US dollars and a one-year draft agreement signed in April into a seven-year draft agreement, thus formulating a multi-year procurement plan for the “Patriots” interceptor missiles from fiscal year 2026 to fiscal year 2032.

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