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Army’s PAC-3 Expansion Signals a New Missile Production Push
Key Takeaways
- The Army added $53.86 billion to a PAC-3 MSE interceptor agreement with Lockheed Martin.
- The seven-year contract now totals $58.62 billion and is structured as an undefinitized contract action.
- The Pentagon is using the deal to keep production lines warm and signal long-term demand to suppliers.
- Lockheed says the added funding could help triple PAC-3 MSE production capacity by the end of 2030.
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DT Editorial Team··via breakingdefense.com