Loading ...Lockheed Martin Wins $17BN Interceptor Contract To Protect US Homeland
On Monday the US Missile Defense Agency (MDA) announced that Lockheed Martin has been awarded a new US government contract worth $17 billion, to develop the next generation of missile interceptor systems that would safeguard the homeland against intercontinental ballistic missile attack.
“The network of radars, anti-ballistic missiles and other equipment is designed to protect the United States from intercontinental ballistic missiles,” the report continues.
This comes on the heels of record year for sales of US military hardware to foreign governments, which topped $238 billion – a record and 16% jump from the prior year. For its fiscal 2025 budget, the Biden White House is seeking a $28.4 billion set aside for missiles defenses.
Isn’t this contract a little late in the war cycle?
These companies make obscene money from the tax payer, all the while producing second rate machinery. Western military investment is designed to make favoured companies rich, while Russia and China invest to make their country’s strong. For example, it is reported that the US spends ten times more than Russia on defence, yet they are generations behind the curve on missile and air defence technologies, which have become the two most important factors in military conflicts. Has anyone in the west noticed that the Yemeni’s scared the American and French navies back out to sea?