As Ukraine's military struggles with a shortage of missile defense systems amid Russia's bombardment of its energy infrastructure, Patriot systems, which have helped Kyiv defend itself against the attacks, are in focus.
Soldiers stand during Ukrainian President Volodymyr Zelenskiy's visit to a military training area to find out about the training of Ukrainian soldiers on the “Patriot” anti-aircraft missile system, at an undisclosed location, in Germany, June 11, 2024.
Its capabilities vary based on the type of interceptor deployed. An interceptor is a projectile fired at an incoming missile with the aim of knocking it down.The much in demand Patriot system has been lucrative for these contractors. The production of Patriot interceptors is increasing at the rate of 100 missiles per year. With each missile costing about $4 million, this represents a potential $400 million increase in annual sales from just one weapons system.
The Ground-based Midcourse Defense system, or GMD, can intercept and destroy long-range ballistic missiles during the mid-course phase of flight."Fortnite" maker Epic Games said on Friday that Apple was impeding its attempts to set up a games store on iPhones and iPads in Europe, the latest escalation in a bitter feud over the technology giant's control of the iOS app ecosystem.
RULES:UKRAINE-EVERGREEN RULES:BS5 FBOX AER AERO AERO1 ARMAMM BACT BIZ CMPNY COMAIR CPROD DEF DEFBUY GEN INDG INDG08 INDS INDS08 POL PUBL TECH TECH08 TMT CEEU AMERS US EUROP UA NAMER EMEA EMRG PACKAGE:US-TOP-NEWS PACKAGE:WORLD-NEWS
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