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Missile Defense

Lockheed Martin Says $4.8 Billion Army PAC-3 MSE Award Will Accelerate Production

Thursday, April 9th, 2026

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Lockheed Martin Says $4.8 Billion Army PAC-3 MSE Award Will Accelerate Production

Launch of Patriot Advanced Capability (PAC)-3 Missile Segment Enhancement (MSE) interceptor. (Photo: Lockheed Martin)

A day after the Army on April 9 awarded Lockheed Martin [LMT] a $4.76 billion contract to produce an unspecified number of Patriot Advanced Capability (PAC)-3 Missile Segment Enhancement missiles, the company it will speed production and increase deliveries of the advanced air defense interceptors. Lockheed Martin in a statement said the undefinitized contract action enables it to “advance production acceleration and deliver record numbers of combat-proven interceptors for American and allied forces this year.” The contract covers production through…

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