Hegseth emphasized European countries need to invest more while the U.S. needs to make it easier for countries to buy its weapons.
Raytheon looks to ramp up SM-3 missile production rates amid its success countering Iranian missiles in the large-scale attack on Israel last year.
Part of the deal covers the production of 4,000 Javelins antitank weapons to replenish what the United States has sent to Ukraine.
What might have looked like an aging system not long ago now appears to be a workhorse that could be used for years to come.
Load More