Exclusive: US-Japan Patriot missile production plan hits Boeing component roadblock

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https://www.reuters.com/business/aerospace-defense/us-japan-patriot-missile-production-plan-hits-boeing-component-roadblock-2024-07-20/

Exclusive: US-Japan Patriot missile production plan hits Boeing component roadblock

By Nobuhiro Kubo and Tim Kelly
July 19, 2024 10:00 PM EDT Updated 9 hours ago

TOKYO, July 20 (Reuters) - A U.S. plan to use Japanese factories to boost production of Patriot air defence missiles - used by Ukraine to defend against Russian attacks - is being delayed by a shortage of a critical component manufactured by Boeing, four sources said.
Japan's Mitsubishi Heavy Industries (7011.T)(MHI) already makes about 30 PAC-3 missiles each year under licence from defence contractor Lockheed Martin (LMT.N) and can increase that number to about 60, two Japanese government officials and two industry sources told Reuters.

The U.S. hopes to increase production from about 500 a year to more than 750 per year globally as soon as possible, a person familiar with the program said. But no expansion at all will be possible in Japan without additional supplies of the missiles' seekers, which guide them in the final stages of flight, the officials and industry sources said.

"It could take several years before MHI is able to raise output" because of the shortage, said one of the industry sources, who like the others declined to be identified because they are not authorised to speak to the media.

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1. Boeing says it all someone is not making enough profit.