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The Economic Times
The Economic Times
National

US in talks on Europe missile co-production, source says

United States Donald Trump Europe NATO Ukraine Germany Raytheon

The U.S. is in talks ​with Germany and other ​European nations about establishing co-production of Raytheon's AIM-120 ​AMRAAM missiles and a maintenance facility for Lockheed's PAC-3 Patriot missiles in Europe, a source told Reuters.

If implemented, both projects could free ‌up capacity ⁠at Raytheon ⁠and Lockheed Martin factories in the United States and enable the ​U.S. defence giants to ramp up production at home.

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