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Army selects Lockheed Martin for billion-dollar Future Interceptor program

Lockheed Martin will develop a next-generation interceptor with improved range, altitude, velocity and maneuverability under a contract worth more than $1 billion, the Army said.

Summary by DefenseScoop
Under a cost-sharing arrangement, Lockheed is expected to kick in $423 million for the project while Uncle Sam provides about $660 million.

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The U.S. Army will allocate nearly $1.1 billion to the development and testing of Lockheed Martin’s new antiaircraft interceptor PAC-3 Edge. The program seeks to incorporate a new generation of capabilities into the Patriot system, with greater reach, altitude of interception and ability to respond to hypersonic threats. [...]

The US Army has selected Lockheed Martin to develop the Future Interceptor, a new interceptor missile intended to expand the capabilities of ground-based air and missile defense. The award, announced on October 29, concerns the construction and testing of prototypes, with a total planned investment of approximately $ 1.08 billion. The agreement is in the form of […] The article Lockheed Martin to Develop the Future Interceptor – Development of a…

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DefenseScoop broke the news in Washington, United States on Thursday, October 29, 2026.
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