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Story summary
- The U.S. Department of Defense signed multi-year contracts worth billions to strengthen the defense industrial base.
- Raytheon received a $22.9 billion contract for Tomahawk missiles.
- Lockheed Martin won a $58.62 billion contract to enhance Patriot missile segments.
- Northrop Grumman and Lockheed Martin secured a $1 billion THAAD framework agreement.
- The War Innovation Unit’s budget grew to nearly $1 billion while partnering with startups.
