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), opens new tab (MHI) already makes about 30 PAC-3 missiles each year under licence from defence contractor Lockheed Martin (LMT.N), opens new tab and can increase that number to about 60, two Japanese government officials and two industry sources told Reuters.

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