U.S. markets close in 5 hours 27 minutes
  • S&P 500

    3,756.90
    -61.93 (-1.62%)
     
  • Dow 30

    30,576.50
    -452.81 (-1.46%)
     
  • Nasdaq

    10,919.88
    -258.01 (-2.31%)
     
  • Russell 2000

    1,683.33
    -36.04 (-2.10%)
     
  • Crude Oil

    106.68
    -3.10 (-2.82%)
     
  • Gold

    1,815.40
    -2.10 (-0.12%)
     
  • Silver

    20.32
    -0.42 (-2.04%)
     
  • EUR/USD

    1.0429
    -0.0015 (-0.15%)
     
  • 10-Yr Bond

    3.0240
    -0.0690 (-2.23%)
     
  • GBP/USD

    1.2165
    +0.0043 (+0.35%)
     
  • USD/JPY

    135.9200
    -0.6250 (-0.46%)
     
  • BTC-USD

    18,940.89
    -1,152.78 (-5.74%)
     
  • CMC Crypto 200

    405.37
    -26.10 (-6.05%)
     
  • FTSE 100

    7,123.00
    -189.32 (-2.59%)
     
  • Nikkei 225

    26,393.04
    -411.56 (-1.54%)
     

Lockheed Plans to Double Production of Antitank Missiles Used in Ukraine

·1 min read
Lockheed Plans to Double Production of Antitank Missiles Used in Ukraine
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

Lockheed Martin, the biggest U.S. defense contractor, plans to increase production of the Javelin missiles used by Ukraine to fight Russia, Chief Executive James Taiclet said Sunday. Lockheed (ticker: LMT) will lift output to 4,000 a year from the current 2,100, he told CBS News. The announcement comes as Russian President Vladimir Putin celebrates Victory Day, the anniversary of Germany’s surrender in World War II. Putin linked the Soviet Union’s victory more than 70 years ago to his current invasion of his neighbor in a speech, raising speculation he will further intensify the conflict.