Lockheed Martin has secured a US$9.8 billion contract for the production of 1,970 Patriot Advanced Capability – 3 Missile Segment Enhancement (PAC-3 MSE) interceptors and associated hardware.
The US Army contract is considered to be the largest contract in Lockheed Martin Missiles and Fire Control history and demonstrates the continued demand for and trust in this advanced, precise and proven interceptor.
“PAC-3 MSE’s recent combat performance solidified it as a must-have capability for America and its allies around the world,” said Jason Reynolds, vice president and general manager of Integrated Air and Missile Defense at Lockheed Martin.
“With this contract, we’ll be delivering record numbers of PAC-3 MSE for years to come, ensuring our customers have the advanced missile defence solutions they need to defend what matters most.”
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 the company’s proactive steps to start the production ramp with significant 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 missiles, cruise missiles, hypersonic and airborne threats. Seventeen partner nations, including the US, have chosen PAC-3 to defend against incoming threats.
Lockheed Martin Missiles and Fire Control president Tim Cahill congratulated the PAC-3 team on their outstanding work.
“As the most advanced defence interceptor in the world, PAC-3 MSE continues to play a critical role in protecting America and its allies from evolving threats. And with this contract award, we’re not only meeting record demand but also laying the groundwork for a more comprehensive defence framework – Golden Dome for America,” he said.
“I’m proud of our team’s commitment to innovation, customer focus, and operational excellence. We’re honoured to support the US Army and our nation’s defence, and we’re already looking ahead to the next challenge.
“We are ready, now.”