According to a report on the Financial Times website on July 23, as the US expands spending to replenish missile stocks and shifts the base of the defense industry to a “wartime state,” US arms manufacturers said their sales are soaring. Lockheed Martin, Northrop Grumman, and Raytheon Technologies, the parent company of Raytheon, raised profit expectations because they said the backlog of orders had reached a record high, the report said. According to reports, Lockheed Martin said that due to increased production of “Patriot” missiles and precision strike missiles — the US used these two missiles in the Iran war this year — the company's missile business revenue in the second quarter increased 19% year-on-year to US$4.1 billion. A $35 billion order from the US Missile Defense Agency aims to triple the production of the “Saad” anti-missile system, bringing the contractor's backlog of orders to $230 billion. The Center for Strategic and International Studies, a Washington think-tank, pointed out in May that the US has consumed 1,000 to 1,400 “Patriot” missiles in Iran, plus aid to Ukraine, creating a “serious order bottleneck” that will be difficult to eliminate until mid-2029. According to the report, Raytheon's sales in the second quarter also increased by 18%. The company produces “Tomahawk” missiles, which played an important role in US military operations against Iran. Over the past 10 years, the Pentagon has purchased an average of 86 Tomahawk missiles per year; this year, in the 2027 budget alone, it is requesting the purchase of 785 missiles.

According to a report on the Financial Times website on July 23, as the US expands spending to replenish missile stocks and shifts the base of the defense industry to a “wartime state,” US arms manufacturers said their sales are soaring. Lockheed Martin, Northrop Grumman, and Raytheon Technologies, the parent company of Raytheon, raised profit expectations because they said the backlog of orders had reached a record high, the report said. According to reports, Lockheed Martin said that due to increased production of “Patriot” missiles and precision strike missiles — the US used these two missiles in the Iran war this year — the company's missile business revenue in the second quarter increased 19% year-on-year to US$4.1 billion. A $35 billion order from the US Missile Defense Agency aims to triple the production of the “Saad” anti-missile system, bringing the contractor's backlog of orders to $230 billion. The Center for Strategic and International Studies, a Washington think-tank, pointed out in May that the US has consumed 1,000 to 1,400 “Patriot” missiles in Iran, plus aid to Ukraine, creating a “serious order bottleneck” that will be difficult to eliminate until mid-2029. According to the report, Raytheon's sales in the second quarter also increased by 18%. The company produces “Tomahawk” missiles, which played an important role in US military operations against Iran. Over the past 10 years, the Pentagon has purchased an average of 86 Tomahawk missiles per year; this year, in the 2027 budget alone, it is requesting the purchase of 785 missiles.