Search

Boeing Wins $2.7 Billion In PAC-3 Seeker Production Contracts, Lockheed Martin And Diehl Make A Deal

Boeing Wins $2.7 Billion In PAC-3 Seeker Production Contracts, Lockheed Martin And Diehl Make A Deal
Launch of Patriot Advanced Capability (PAC)-3 Missile Segment Enhancement (MSE) interceptor. (Photo: Lockheed Martin)

Boeing [BA] on Tuesday announced it won a series of multiyear contracts worth $2.7 billion total to produce more Patriot Advanced Capability-3 (PAC-3) seekers. Boeing produces the seekers under prime contractor Lockheed Martin [LMT] said it has been working closely with them and the U.S. Army to improve production rates. Under the latest agreements, Boeing will deliver over 3,000 seekers at a rate of 750 units annually through 2030.  The seekers allow the interceptors to identify, track and defeat targeted…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.



Congress Updates

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]


“Not Sure How They Get To Where They Wanna Be,” Calvert Says of $1.5 Trillion Defense Topline Proposal

As the federal government enters a third week of tardiness in a fiscal 2027 budget release, a big question is how the Pentagon will be able to spend $500 billion […]


Path Uncertain For $1.5 Trillion FY ‘27 Defense Topline After Trump Casts Doubt On Second Reconciliation Bill

The path to achieve the White House’s call for a $1.5 trillion defense topline in 2027 appears murkier now after President Donald Trump has cast doubt on the prospects of […]


Senate Budget Dems Push For Defense Reconciliation Spending Details, Cite ‘Slush Fund’ Concerns

Democrats on the Senate Budget Committee have raised “significant concern” with the Pentagon’s move to classify reconciliation spending plans, urging the department to provide more public details on how the […]