Overview
- The U.S. government awarded Lockheed Martin about $4.7–$4.761 billion to accelerate PAC-3 MSE production, with work running through June 30, 2030 and program headquarters in Grand Prairie, Texas.
- PAC-3 MSE is the Patriot system’s hit-to-kill missile designed to stop ballistic and cruise missiles, providing longer range and higher maneuverability than earlier Patriot variants.
- Roughly 94% of the money comes from Foreign Military Sales accounts and the rest from U.S. Army procurement, and the Pentagon did not name the partner nations tied to this action.
- Coverage differs on the contract structure, with Army and company releases calling it a fast-start undefinitized contract action while other reports describe a firm-fixed-price award.
- The award follows a January framework to grow output from about 600 to as many as 2,000 interceptors over seven years, a push driven by heavy recent interceptor use and reinforced by supplier deals such as a Boeing agreement to boost seeker production.