Lockheed Receives $2.3 Billion from Pentagon for US Weapons

Pushing to restock depleted US weapons stockpiles, the Pentagon has already committed almost $2.3 billion of a potential $6 billion to Lockheed Martin Corp., the top maker of munitions that the US has provided Ukraine in its fight against Russia’s invasion, according to new Defense Department data.

Similarly, Lockheed’s joint venture with RTX Corp., formerly Raytheon Technologies Corp., is on track to receive about $1.4 billion of a potential $1.9 billion to replenish its inventory of Javelin anti-armor weapons, based on the updated Pentagon figures to be released Tuesday.

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