The CEO of Raytheon Technologies told investors Tuesday that the company won’t be able to ramp up production of Stinger missiles until 2023, due to a lack of parts and materials for the weapons that Western allies have rushed to Ukraine…
Shoulder-fired Stinger missiles are in hot demand in Ukraine where they have successfully stopped Russian assaults from the air, but U.S. supplies have shrunk and producing more of the anti-aircraft weapons faces significant hurdles.
Challenges include complications related to ramping up production, reluctance by the United States to redirect valuable manufacturing capacity to decades-old technology, and fears among defense companies that they would be stuck with unwanted arms when the Ukraine war winds down, according to interviews with U.S. officials and defense firms.