Lockheed Martin Wins $58.6B U.S. Army Contract to Produce Patriot PAC-3 MSE
Lockheed Martin secured a seven-year $58.6 billion U.S. Army contract to sustain production of the PAC-3 Missile Segment Enhancement interceptor for the Patriot air and missile defense system. The award supports expanded industrial capacity at Huntsville and other sites, improving planning certainty for the Army, Lockheed Martin, and the supply chain through an estimated completion date of March 31, 2035.