Lockheed Martin looks to nearly double Javelin missile production -CBS News

[Yo_Mama_Been_Loggin]

WASHINGTON (Reuters) -Weapons maker Lockheed Martin Corp plans to nearly double production of Javelin missiles, the antitank weapon that has helped Ukraine fight Russia's invasion, Chief Executive Officer James Taiclet said in an interview on Sunday.

The aim is to boost output to 4,000 per year from 2,100 per year currently, Taiclet said in an interview with CBS News. The increase will take as long as a couple of years, he said.

U.S. President Joe Biden last week visited a Lockheed facility in Alabama that manufactures the weapons, which are made jointly by Lockheed and Raytheon Technologies, in an effort to press Congress to approve his proposed $33 billion assistance package for Ukraine.

The United States has rushed $3.4 billion worth of weapons to Ukraine since Russia invaded on Feb. 24, including Javelins as well as howitzers, anti-aircraft Stinger systems, ammunition and body armor.

https://finance.yahoo.com/news/lockheed-martin-ceo-says-firm-153657619.html

Profitable time for them.

[ThoughtCriminal]

1. I'm kind of hoping Russia runs out of tanks

and other armored vehicles. But at some point they're going to dust off a few thousand Soviet-era T-72s and put barely trained conscripts in them.