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Raytheon and Lockheed Martin are securing multi-billion dollar contracts for missile sales to NATO forces in Europe.
1 report, 1 independent
Updated Jul 8
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Raytheon and Lockheed Martin are securing multi-billion dollar contracts for missile sales to NATO forces in Europe.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- The US government, under President Biden's authority, has approved the sale of Tomahawk cruise missiles to Germany.Sub-event
Defense contractors are winning major contracts from NATO for missile systems used in Europe.1 source
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The entities involved
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Raytheon
defunct American industrial corporation (1922–2020)
- Jonathan Cain joined Raytheon as senior engineering manager, while Maida became chief misfit at Modular Misfits, and Jason Thomas took a lead role in a Navy office.
- CNN reported that financial disclosures showed Donald Trump's portfolio included shares in companies like Raytheon, Microsoft, and Amazon.
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NATO
intergovernmental military alliance between 32 member states
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Lockheed Martin
US aerospace and defense manufacturer
Related events
- The European Commission approved funds for the purchase of Patriot missiles, involving Lockheed Martin.
- Summit discussions led to defense procurement agreements, specifically regarding the purchase of US missiles to strengthen defense commitments.
- Lockheed builds advanced missile defense systems as Europe grapples with geopolitical pressure from the Iran conflict.
- Partnership between GM Defense and Lockheed Martin accelerates the production of missile components.
- Amid the Iran war depleting stockpiles, defense companies like Raytheon and Pratt & Whitney are ramping up production of critical systems like F-35 engines and missile systems for the defense business.