JavaScript Required

Jumpseat Aerospace News requires JavaScript to function. Please enable JavaScript in your browser settings to continue.

Lockheed Martin Wins $4.7B PAC-3 Interceptor Contract

April 13, 2026

2 min read

Key Takeaways

Lockheed Martin awarded $4.7bn contract for PAC-3 MSE interceptors.
Contract aims to expedite production for domestic and allied defence needs.
Annual output to increase from 600 to 2,000 units.
Lockheed Martin previously secured $9.8bn contract for PAC-3 MSE missiles.

Silver membership required Upgrade to Silver to access Key Takeaways.

Upgrade

Strategic Implications

This contract may indicate the US Government's increased focus on air defence capabilities, which could benefit Lockheed Martin's position in the defence industry. The significant production increase suggests a growing demand for advanced interceptors, which may drive further investment in defence technologies.

Silver membership required Upgrade to Silver to access Strategic Implications.

Upgrade

What Happened

US Government Awards Major Defence Contract For Missile Production

The US Government has awarded Lockheed Martin a $4.7 billion contract to accelerate the production of Patriot Advanced Capability-3 (PAC-3) Missile Segment Enhancement (MSE) interceptors. The contract aims to support both domestic and allied defence requirements, with the goal of delivering increased quantities of these interceptors within the current year. The PAC-3 MSE missile is part of the Patriot weapon system and is used for air defence, with the capability to engage tactical ballistic missiles, cruise missiles, and aircraft. This contract was first reported by Army Technology.

Source

Companies Mentioned