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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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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.
Coverage Details
Total News Sources23
Leaning Left0Leaning Right5Center4Last UpdatedBias Distribution56% Right
Bias Distribution
- 56% of the sources lean Right
56% Right
C 44%
R 56%
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