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- Business & Economy · United States
US signs framework deal to triple Patriot missile production
The US Defence Department signed a framework deal on 3 August 2026 to triple Patriot missile production and quadruple THAAD output. The agreement, with Lockheed Martin and Northrop Grumman, establishes a second source for PAC-3 rocket motors and increases ignition safety device production, though its monetary value remains undisclosed.
United States6 min readTrust 86 · Craft 62 · Hype 15 
Conflict & Security · Middle EastUS signs $3bn missile defence deals as Iran demands control of Strait of Hormuz
The US Department of Defense has signed framework agreements with Lockheed Martin and Northrop Grumman to increase production of missile defence systems, including THAAD and Patriot. Northrop Grumman stated the deals are worth $3 billion. Meanwhile, Iran has demanded control over the Strait of Hormuz as a condition for ending military actions.
Middle East5 min readTrust 42 · Craft 51 · Hype 21
