State Department approves $2.1B Patriot missile sale to Ukraine

What happened: The U.S. State Department approved the sale of up to 500 Patriot PAC-3 missiles, plus spare parts, logistics, and support, to Ukraine. Key numbers: $2.1B sale value; up to 500 missiles. Why it matters: Lockheed Martin (LMT) is the principal contractor for the sale, tying the approval to a named defense supplier.

The U.S. State Department approved the sale of up to 500 Patriot PAC-3 missiles, plus spare parts, logistics, and support, to Ukraine.

Lockheed Martin (LMT) is the principal contractor for the sale, tying the approval to a named defense supplier.