By Mike Stone and Aishwarya Jain Jan 29 (Reuters) - Lockheed has reached a profit-sharing agreement with the U.S. government related to the production of much-needed air defense missiles, the biggest U.

Lockheed reported $75 billion in 2025 sales, a record $194 billion backlog and DOW framework agreements covering PAC-3 and THAAD interceptors.

Lockheed Martin on Thursday announced a new deal with the Pentagon to increase production of Terminal High Altitude Area Defense interceptors, carrying the potential for additional work at the missile maker's Camden facility.

The United States has deployed Patriot surface-to-air missile systems and THAAD missile defense systems to the Middle East, near Iran. The Economist reports The Economist.

Patriot missiles, THAAD batteries, carrier strike group among latest deployments to region as Washington-Tehran tensions remain high, according to several US media outlets - Anadolu Ajansı