The Pentagon urgently replenishes missile stockpiles, U.S. defense stocks rise in pre-market trading
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The U.S. Department of Defense plans to accelerate missile production to address inventory shortages, requiring suppliers to double their output in a short period. As a result of this news, U.S. defense stocks rose in pre-market trading, with companies like Lockheed Martin and Raytheon Technologies expanding their production capacity. The Defense Production Act Committee is focusing on the production of 12 types of weapons, and the Pentagon hopes to achieve a delivery speed for Patriot missiles that is four times the annual production rate
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