North America   Military Aircraft Procurement   Missile Systems & Strategic Weapons   Defense Industry & Major Contractors   Boeing  

Boeing wins $14.7 billion, seven-year Lockheed Martin contract to triple PAC-3 MSE seeker output

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Boeing says Lockheed Martin awarded it an approximately $14.7 billion, seven-year contract to scale production and deliver seekers for the Patriot PAC-3 Missile Segment Enhancement interceptor. The award is an undefinitized contract action; production is to be completed at Boeing’s Huntsville, Alabama, facility.

Discovered 2026-10-05T06:50:00.583287-07:00 | 2026-10-05T06:50:00.583287-07:00

Briefing

What Hype is tracking

  • The approximately $14.7 billion award gives Boeing a seven-year production commitment for a critical Patriot interceptor component, with output targeted to triple.
  • The undefinitized contract action formalizes the production scale-up following an April framework deal; work is set to take place at Boeing’s Huntsville facility.

Reported By

Yahoo Finance news.ssbcrack.com Military Times DefenseNews.com calibredefence.co.uk forcaaerea.com.br
Sources Tracked
29
First Seen
2026-10-05T06:50:00.583287-07:00
Latest Update
2026-10-05T21:05:11.261524-07:00
Coverage
Defense

Sources

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