Boeing Wins $14.7 Bil Missile Deal. U.S. Sends Resources To Middle East As Conflict Escalates.

Source: Investor's Business Daily
Published: 2026-10-06
Original: https://www.investors.com/news/boeing-patriot-contract-14-7-billion-lockheed-martin-pac3-shortage-saudi-arabia-qatar-houthis/

Boeing on Monday announced a $14.7 billion contract to accelerate production of PAC-3 interceptors. The contract comes as U.S. stockpiles of critical missiles and munitions dwindle amid the war in Iran.