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Senate Majority Leader Chuck Schumer, D-N.Y., said Monday he hoped quick bipartisan agreement on the security package could be reached so the Senate could begin considering it “as early as next week.” Biden's trip overlapped with his push for an additional $33 billion in security and economic assistance for Kyiv. Lockheed Martin's facility in Troy, Alabama has the capacity to manufacture about 2,100 Javelins per year. The company is also part of a joint venture with Lockheed Martin that makes the Javelins. The war will mean increased sales for some defense contractors, including Raytheon, which makes the Stinger missiles that Ukrainian troops have used to knock out Russian aircraft. Biden is urging that legislation be approved to fund the manufacturing of computer chips in the U.S., though that is a longer-term fix to immediate pressures that militaries, businesses and consumers face now. Defense contractors, however, face the same supply chain and labor shortage challenges that other manufacturers are facing, along with some others that are specific to the industry.īiden noted that each Javelin produced requires 200 computer chips, but semiconductors are in short supply and limiting the availability of everything from autos to kitchen appliances. and European defense industry a big opportunity to bolster profits as lawmakers from Washington to Warsaw are primed to increase defense spending in response to Russian aggression. He added that Stingers and Javelins were where "we’re seeing the most significant inventory issues" and that production of both weapons systems has been limited in recent years. “Could this be a problem? The short answer is, ‘Probably, yes,’” said Cancian, a retired Marine colonel and former Office of Management and Budget specialist on Pentagon budget strategy, war funding and procurement programs. Raytheon Technologies CEO Greg Hayes told investors last week during a quarterly call that his company, which makes the weapons system, wouldn’t be able to ramp up production until next year, due to parts shortages. 24 invasion.Īnalysts also estimate that the United States has sent about one-quarter of its stockpile of shoulder-fired Stinger missiles to Ukraine. The Biden administration says it has committed to sending 5,500 Javelins to Ukraine since the Feb. has provided at least 7,000 Javelins, including some transferred during the Trump administration, or about one-third of its stockpile, to Ukraine in recent years, according to an analysis by Mark Cancian, a senior adviser with the Center for Strategic and International Studies international security program. sustain the cadence in shipping vast amounts of arms to Ukraine while maintaining a healthy stockpile it may need if conflict erupts with North Korea, Iran or elsewhere? The president's visit also drew attention to a growing concern as the war drags on: Can the U.S. “Every worker in this facility and every American taxpayer is directly contributing to the case for freedom," Biden said.
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The president toured the Lockheed Martin factory in Alabama and said Ukrainian parents are naming their children “Javelin” or “Javelina" because of the weapons' successes.
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"And, quite frankly, they’re making fools of the Russian military in many instances.” “You’re allowing the Ukrainians to defend themselves," Biden told the workers, his podium flanked by Javelin missile launchers and shipping containers.
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can continue to hustle aid to the front lines. (AP) - President Joe Biden on Tuesday credited the assembly line workers at a Javelin missile plant for doing lifesaving work in building the antitank weapons that are being sent to Ukraine to stifle Russia's invasion as he made a pitch for Congress to approve $33 billion so the U.S.