The Pentagon awarded Lockheed Martin a $59 billion contract to triple Patriot missile production by 2030 as the US expands defence manufacturing.

The Pentagon on Monday announced a seven-year framework agreement with defense contractors L3Harris and Lockheed Martin to expand production capacity for

The seven-year deals have yet to be finalized, but will allow L3Harris to scale up motor production for PAC-3 and THAAD interceptors.

The Pentagon announced an agreement to rapidly expand production of specific components found in Patriot missile interceptors.