Like RC Dad said, Sounds like its time to become very familiar with local hardware resources.... and perhaps look for that size helicoil, which will need to be a 2d ( thread depth reference) If I recall correctly , the engineering rule of thumb for thread engagement concerning depth of fastners is 1.5 times the diameter. Times 2 is my personal preferance, although I was reassured that wasn't nessasary for most applications.
Some consider helicoil a substandard "fix" , but I saw many assemblies for cobra gun ships
that incorporate the use of them, in the original blueprints. They are referenced as STI. Steel threaded inserts.
Sorry for entirely to much information