Defense Contractor To Deliver Record Numbers Of Missiles
Lockheed Martin has been awarded a $4.7 billion contract to continue accelerated production of PAC-3 Missile Segment Enhancement (MSE) interceptors. The company expects to deliver record numbers of missiles this year, following a framework agreement signed with the Department of War to ramp up production as part of the administration’s Acquisition Transformation Strategy. This development was reported by Design and Development Today.