Production of Patriot interceptors by American defense companies is at record levels due to surging demand from global conflicts. Ukraine, under stress from Russian missiles, and the Middle East, facing Iranian threats, are significant contributors to this demand. US stocks of air defense systems need not only refilling but dramatic expansion. Companies like Lockheed Martin, Boeing, and Raytheon are ramping up production, including increasing the annual output of PAC-3 MSE interceptors significantly. The global market for Patriot missiles is estimated to produce around 850 to 880 annually.
Patriot batteries are comprised of radar and control systems, launcher stations, and interceptor missiles, making them one of the world's best air defense systems capable of intercepting a variety of threats.
Lockheed Martin plans to produce over 600 PAC-3 MSEs for the first time this year, following last year's record-breaking production of 500 interceptors.
Western Europe realizes it needs to revitalize its depleted air defenses, while the US acknowledges that key missile stocks are not just low, but need significant expansion in light of rising threats.
The demand for air defense missiles has surged due to global conflicts and concerns over potential peer-level adversaries, prompting companies to ramp up production.
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