The Pentagon has signed two contracts totaling more than $730 million with US military-industrial companies Raytheon and Lockheed Martin for the modernization and replacement of the Stinger portable air defense system (MANPADS). RIA NewsCiting a report by the US Department of Defense. According to the Pentagon report.
The cost of the agreement with Raytheon for the upgrade and replacement of Stinger missiles was $ 418.3 million. The work will be carried out in Tucson, Arizona and will be completed on March 12, 2028.
The contract amount with Lockheed Martin is 311.9 million dollars and the work will continue until June 2028.
Previously reportedIt was stated that the Pentagon transferred $9.7 billion to US defense companies to renew its weapons stocks. In particular, the ministry allocated $2.3 billion out of $6 billion to Lockheed Martin Corporation to replenish the weapons stocks sent to Ukraine.
Lockheed Martin’s contracts include $1.4 billion of the $5.2 billion to be used to replace GMLRS missile systems sent to Ukraine. Raytheon will receive $844 million to produce Patriot anti-aircraft missiles and $581 million to replace Stinger MANPADS.
Congress also allocated $18.6 billion for Ukraine’s long-term arms needs, $7 billion of which has already been distributed to American companies.
Previously in NATO named The condition for the transfer of F-16 to Ukraine.