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Pentagon's bonanza for US missile makers

Added 09-15-22 02:37:03pm EST - “The US military-industrial complex was told to expect "persistent demand" as Washington restocks shelves stripped bare by Ukraine deliveries” - Rt.com


Posted By TheNewsCommenter: From Rt.com: “Pentagon’s bonanza for US missile makers”. Below is an excerpt from the article.

A joint venture by Raytheon Missiles and Lockheed Martin has been awarded a $311 million contract for Javelin missiles, the Pentagon announced on Thursday. To replace the weapons sent to Ukraine, the company will deliver more than 1,800 anti-tank missiles to the US Army.

Defense Department records show that the Javelin Joint Venture has been awarded a total of $663 million in contracts this year under the Ukraine armament programs. Raytheon additionally got $624 million in May to produce replacements for Stinger missiles sent to Kiev, while Lockheed received a $33 million contract in August for HIMARS rocket artillery components.

“As we use various authorities to replenish our own stocks, industry can expect a strong, persistent demand signal,” the Pentagon’s Undersecretary for Acquisition and Sustainment William LaPlante said in a statement announcing the contract.

Between the deliveries of weapons and ammunition and direct involvement of military and intelligence officials in Ukrainian operations – as admitted in the American press – the US has become openly involved in the conflict, Russian ambassador to Washington Anatoly Antonov said in an interview on Wednesday. Antonov noted in particular the “insatiable appetite” of the US military-industrial complex, which he said played a major role in the belligerent American policy.

Lockheed Martin and Raytheon are two of the biggest components of the US military-industrial complex, with headquarters just outside Washington, DC. Lockheed gained notoriety with the F-35 fighter program, whose cost has been estimated at more than $1.5 trillion. Raytheon is best known for jet engines and an array of missiles. The current Secretary of Defense Lloyd Austin sat on the latter’s board of directors after he retired from the army.


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