Lockheed Martin will establish additional production and assembly capacity in India if awarded the MTA contract, as per the statement
Read MoreThis latest agreement is part of a larger contract awarded last year, which could reach up to USD 7.2 billion for an "indefinite quantity" of missiles between 2023 and 2026
Read MoreEfforts to replenish US inventory are also driving the global demand for missiles and a shortage of rocket motors could pressure production
Read More