US boosts layered missile defense: Lockheed Martin gets up to $58.6B Patriot interceptors; Army adds $54B to PAC-3 (total ~$59B)
The U.S. Army awarded Lockheed Martin a record up to $58.62 billion contract for Patriot interceptor missile production, while adding $54 billion to a Patriot Advanced Capability-3 (PAC-3) agreement, bringing the total to about $59B; the latest Army contract is undefinitized. Rocket Lab also secured its largest launch contract to date—$266 million—for multi-launch suborbital missions with the U.S. Space Force.