The CEO of the US weapons maker Raytheon said Tuesday that the company will not be able to produce any more anti-aircraft Stinger missiles for a few years due to material shortages. Since Russia invaded Ukraine on February 24, the US and its allies have sent thousands of the shoulder-fired Stingers to Kyiv and want to send more.
The US is also looking to send more Javelin anti-tank missiles to Ukraine, which are produced by both Raytheon and Lockheed Martin. Defense News reported that during a Senate Armed Services Committee hearing Tuesday, multiple senators called on President Biden to invoke the Defense Production Act to replenish Stingers, Javelins, and other weapons.
“The cupboard is empty, or it will be very, very shortly unless the president invokes the Defense Production Act to provide that demand signal on an expedited basis,” Sen. Richard Blumenthal (D-CT) said.
The Defense Production Act is a Korean War-era law that, if invoked, would allow US arms makers to cut in line ahead of other domestic manufacturers to receive certain materials it needs. Greg Hayes, the CEO of Raytheon, said that the US hasn’t been purchasing Stingers from the company and that it is very low on materials to produce the missiles.
“We are actively trying to source some of the material, but unfortunately DoD hasn’t bought a Stinger in 18 years,” Hayes said. “As far as the Stingers, we should keep in mind we are currently producing Stingers for an international customer, but we have a very limited stock of material for Stinger production.”
With all the military aid the US and its allies are sending to Ukraine, Raytheon and other arms makers stand to make long-term profits on the war, something Hayes explained in a March 25 interview.
“Everything that’s being shipped into Ukraine today, of course, is coming out of stockpiles, either at DoD or from our NATO allies, and that’s all great news. Eventually we’ll have to replenish it and we will see a benefit to the business over the next coming years,” Hayes said.
Leading a conference on arming Ukraine in Germany on Tuesday, Secretary of Defense Lloyd Austin vowed the US would keep moving “heaven and earth” to send more weapons to Kyiv. Before taking his post as Biden’s Pentagon chief, Austin served on the board of Raytheon.
“The CEO of the US weapons maker Raytheon said Tuesday that the company
for a few years due to material shortages.”
Yep give American weapons away so our forces have nothing to defend themselves. Lloyd J Austin the Turd the affirmative action quota and Joe Biden the man installed in the Executive Branch through illegal criminal activity will be the death of America.
If the US stopped producing weapons entirely and gave away 90% of existing stocks, it would probably have enough left to actually defend itself for a century. A US military actually tasked with defense of the US would be a tiny fraction of the size of the giant global warfare-welfare machine that currently exists.
Do you actually think a white secretary of defense would be acting differently? Do you have a problem with black people?
I have a problem with anyone with a low IQ who is appointed due to identity politics. Any Sec Def with an IQ would not be throwing gasoline on a fire in Ukraine. Lloyd J Austin the Turd is an empty suit illegally installed in his position. The Biden government violated the law against a revolving door between the military and civilian positions like the Sec Def position. Of course, Joe Biden was illegally installed in the White House.
I believe previous presidents did so as well. And no, he was not “illegally installed in the White House”> If you are going to parrot the TDS meme, you may as well bark into the wind.
You know not of what you speak.
Apparently the Trump lawyers didn’t either, since every time a court offered them a chance to provide evidence of their claims they dropped their suits.
Off topic.
We don’t know if he was in fact an affirmative action quota as not all black folks promoted in the military fall under that category. The affirmation action thing was started by F Cker Carlson over at Fox News. But even if he was, it doesn’t make him unqualified. If you don’t like them because you hate blacks, Hispanics, Ukrainians, and liberals, that’s a different story.
You are correct I do hate Ukrainians. As for other people I reserve my judgment until they act in very low IQ ways. Lloyd J Austin the Turd is a LOW IQ empty suit regardless of his gender and background.
In the second presidential candidate debate for the 2016 election Trump spoke of a military strategy that would benefit the economy here.
In the same frame of time and out of context, Trump blurted out to his DOD industry rally goers ( pre-vetted and security badged employees)
of a Military “Sneak Attack” which he never mentioned again that I know of and then followed though with his pitch for prosperity of “Replenishment”.
P.AT.R.IO.T. missiles are now online to be launched by AI and our Spaz Force clones. Lindsey darling and Jerod tried to get Afghanistan to buy in (Dec 2019) at a Qatar meeting, then again in Afghanistan but they declined. Lindsey darling was livid at the rejection and warned how their decision to not participate in boxing in Iran on the east was detrimental to them. We could intercept an ICBM near launch as it travels east for escape velocity, our first line of defense.
The new missiles need no ground based radar: Starlink’s other purpose to win with. Spaz Farce monitoring is a 24/7 subscription Peace Plan we sold.
Replenishment news should bump the market because that is why it is so fat now. Ground floor investors should become millionaires overnight.
Dreamy huh?