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Pentagon signs deals to quadruple THAAD and triple PAC-3 missile production amid supply shortages.

Market News
31 Aug 2026
Forbes
View Source
Bullish
Pentagon signs deals to quadruple THAAD and triple PAC-3 missile production amid supply shortages.

The Pentagon has signed new framework agreements with Lockheed Martin and General Dynamics to significantly increase production of interceptor missiles, aiming to quadruple THAAD and triple PAC-3 MSE missile output. These missiles are critical for defending U.S. strategic assets by intercepting various aerial threats, including ballistic and space-borne missiles. The move addresses urgent concerns over missile shortages that could impact military readiness. Alongside these agreements, the Pentagon is investing in related defense technologies to ensure sustained production and capability enhancement.

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