Aerospace Group:

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

Tuesday, October 14th, 2025

SHARE:

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…

Budget

Trump’s $1.15 Trillion Request For DoD Is The ‘New Normal,” HASC Chairman Says

COLORADO SPRINGS, Colo.—The Trump administration’s nearly $1.2 trillion baseline defense budget request for fiscal year 2027 will be adopted and will be the foundation for the “new normal” going forward, […]

Congress

Trump Wants Second Reconciliation Bill On His Desk By June 1

President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]

Congress

Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority

Senate Budget Committee Chair Lindsey Graham (R-S.C.) said Wednesday, with the White House’s backing, his panel will move “expeditiously” on crafting a second reconciliation bill, citing priorities for defense and […]