European Demand For US Drones, Missiles Increases After Russian Invasion: Reuters

Reuters reported that European governments approached the U.S. government and defense contractors with a shopping list of arms, including drones, missiles, and missile defenses, as the Russian invasion of Ukraine drives renewed demand for U.S. weaponry.
Germany, along with its potential deal for 35 Lockheed Martin Corp LMT F-35 jet fighters, has inquired about systems to defend against ballistic missiles, the report noted, citing sources familiar with the situation.
Related: Germany To Buy 35 Lockheed F-35 Fighter Jets: Reuters
Poland is planning to purchase sophisticated Reaper drone systems from the U.S. on an urgent basis, the report added, noting a Polish government official.
Requests are also coming in from other countries in Eastern Europe, where allies are keen to acquire weaponry that Ukraine has successfully used against Russian forces, the report mentioned.
European allies are "doubling down" on their defense spending, the report quoted Mara Karlin, a Pentagon deputy defense secretary.
The Pentagon has re-established a team to respond to the increased demand to speed up U.S. government approval for sales and transfers of arms produced by American defense contractors.
Raytheon Technologies Corp RTX) and Lockheed Martin Corp jointly produce Javelins, while Raytheon makes Stingers.
Price Action: LMT shares are trading higher by 1.41% at $427.30 and RTX higher by 1.92% at $97.64 during the market session on Thursday.