WASHINGTON, Aug 31 (Reuters) – The Pentagon said on Monday it secured seven-year agreements with General Dynamics Ordnance and Tactical Systems (GD-OTS) and Lockheed Martin to increase missile production.
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The agreements are designed to “increase production quantities and accelerate delivery schedules for critical missile subcomponents supporting the Terminal High Altitude Area Defense (THAAD) and Patriot Advanced Capability-3 Missile Segment Enhancement (PAC-3 MSE) interceptor programs,” the Pentagon said.
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(Reporting by Katharine Jackson and Bhargav Acharya; editing by Michelle Nichols )
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