Patriot missile is fired during PATRIOT SPARK 23 exercise at the Black Sea training range in Capu Midia, Constanta, Romania, November 15, 2023. Inquam Photos/George Calin via REUTERS Purchase Licensing Rights , opens new tab

Nov 18 (Reuters) – The U.S. State Department has approved the potential sale of Patriot air defense system sustainment and related equipment to Ukraine for an estimated cost of $105 million, the Pentagon said on Tuesday.

The principal contractors for the sale will be RTX Corp (RTX.N) , opens new tab and Lockheed Martin (LMT.N) , opens new tab, the Pentagon said in a statement.

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South Korean pharmaceutical company Celltrion said on Wednesday that it plans to invest up to 700 billion Korean won ($478.17 million) to expand capacity at its U.S. factory in response to U.S. tariffs and rising demand.

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