Army Awards Lockheed Nearly $10 Billion Patriot Missile Contract
The $9.8 billion contract supports production of 1,970 PAC-3 MSE interceptors, enhancing supply chains amid global security challenges, with annual output rising to 650 missiles by 2027.
- The U.S. Army signed a nearly $10 billion contract with Lockheed Martin to produce nearly 2,000 Patriot Advanced Capability-3 Missile Segment Enhancement interceptors, launchers, and support equipment over fiscal years 2024-2026.
- The PAC-3 MSE interceptor is designed to defeat threats like ballistic and cruise missiles, hypersonic weapons, and aircraft using hit-to-kill technology, and has recently seen combat use by the U.S. and allies.
- Lockheed Martin has begun expanding production capacity ahead of the contract, expecting to deliver over 600 interceptors in 2025 aided by a new facility, as demand for the system increases to counter advanced missile threats.
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23 Articles
Lockheed Martin signs $9.8 billion contract in Grand Prairie
The U.S. Army's latest contract with Lockheed Martin isn't just big — it's historic. Find out how this deal is set to transform missile production and what it means for the defense landscape in North Texas.
Army awards Lockheed nearly $10 billion Patriot missile contract
The U.S. Army has signed a $9.8 billion agreement with Lockheed Martin to build nearly 2,000 Patriot Advanced Capability–3 Missile Segment Enhancement (PAC-3 MSE) interceptors, along with launchers and support equipment. The company said it is the largest contract ever for its Missiles and Fire Control division.
U.S. Army Awards Lockheed Martin Record $9.8B Patriot Missile Deal
The multi-year contract covers 1,970 PAC-3 MSE interceptors for the U.S. and Allies, marking the largest award in Lockheed Martin’s Missiles and Fire Control history. The U.S. Army has awarded Lockheed Martin a $9.8 billion multi-year contract for the production of nearly 2,000 Patriot Advanced Capability-3 Missile Segment Enhancement (PAC-3 MSE) interceptors and associated hardware. […]
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