Lockheed Martin Lands $9.8B Patriot Missile Production Contract

It's the largest contract in Lockheed Martin Missiles and Fire Control history.

Mfc Pac 3 Mse Army Signing
Lockheed Martin

The U.S. Army awarded Lockheed Martin a $9.8 billion contract for the production of 1,970 Patriot Advanced Capability – 3 Missile Segment Enhancement (PAC-3 MSE) interceptors and associated hardware. This marks the largest contract in Lockheed Martin Missiles and Fire Control history. 

Lockheed Martin is continuing to ramp production of PAC-3 to meet increased demand. The company is expected to deliver more than 600 interceptors in 2025 for the first time. This is a result of steps to start the production ramp with internal investments to increase PAC-3 MSE production rates almost two years ahead of contract award.  

PAC-3 MSE defends against incoming threats through direct body-to-body contact delivering exponentially more kinetic energy on the target than can be achieved with blast fragmentation mechanisms. The interceptor is combat proven against ballistic missile, cruise missile, hypersonic and airborne threats. 17 partner nations, including the U.S., have chosen PAC-3 to defend against incoming threats.

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