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Boeing wins $14.7B PAC-3 interceptor deal as Iran conflict escalates

Investor's Business Daily · yesterday
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Boeing wins $14.7B PAC-3 interceptor deal as Iran conflict escalates
  • Boeing won a $14.7 billion contract to accelerate production of PAC-3 interceptors.
  • The award lands as U.S. stockpiles of critical missiles and munitions dwindle amid the war in Iran.
  • The U.S. shifted military resources to help Saudi Arabia and Qatar defend energy infrastructure as the Iran conflict expands.

Quotes

“Boeing on Monday announced it won a $14.7 billion contract to accelerate production of PAC-3 interceptors.”— Investor's Business Daily
“President Donald Trump in recent weeks has shifted some U.S, military resources to help Saudi Arabia and Qatar defend energy infrastructure as the Iran conflict expands.”— Investor's Business Daily

Sources