What Happened
Pentagon Agreement Drives Surge In PAC-3 And THAAD Output
Northrop Grumman has announced a major production increase in missile defense systems’ components following a $3 billion multi-year framework agreement with the Pentagon. The deal includes $2 billion for the Patriot Advanced Capability-3 (PAC-3) interceptor system and $1 billion for the Terminal High Altitude Area Defense (THAAD) system. The company will significantly increase production of solid rocket motors and other components, with the Pentagon expecting a tripling of PAC-3 output and a fourfold increase in THAAD output. This development was first reported by lehighvalleylive.com.