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Missile Defense

New PAC-3 Agreement Possible With Guaranteed Cash Flows And Inflation Markers, Officials Say

Tuesday, January 6th, 2026

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New PAC-3 Agreement Possible With Guaranteed Cash Flows And Inflation Markers, Officials Say

A PAC-3 Missile Segment Enhancement (MSE) missile test is conducted at the White Sands Missile Range, N.M. as part of a flight test for the U.S. Army in 2016. (Photo: Lockheed Martin)

Defense Department and Lockheed Martin [LMT] officials confirmed specific measures around cash flows and accounting for inflation are key to a new framework agreement that aims to more than triple production of the Patriot Advanced Capability (PAC)-3 Missile Segment Enhancement (MSE). Lockheed Martin CEO Jim Taiclet told reporters during a Tuesday roundtable that two key cooperative elements of the framework that allow it to work for the company are the inclusion of an escalation index to cover inflation for ongoing…

Missile Defense

Interview with Rep. Jeff Crank (R-Colo.), co-chair of the Golden Dome Caucus

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Space

Space Force PAE For Infrastructure Completing Move To Colorado Springs

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Congress

Wisconsin GOP Lawmakers Urge Trump Admin Support For Marines’ JLTV Second Supplier Effort

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Congress

Senate’s CR Has Ship Construction Exemption, Forgoes White House’s Battleship, Munitions Requests

The Senate on Sunday released a bipartisan stopgap funding proposal to keep the government open through December 11, which would also secure additional funds to support ongoing shipbuilding efforts and […]