Boeing has been awarded a contract worth approximately $14.7 billion from Lockheed Martin to scale production and deliver PAC-3 Missile Segment Enhancement seekers.
The contract will enable Boeing to triple PAC-3 MSE seeker production under a seven-year framework agreement with the U.S. Department of War. The seekers enable Patriot interceptors to identify, track and engage advanced threats ranging from hostile aircraft to hypersonic, ballistic and cruise missiles.
“Early investment and a relentless focus on quality and execution have positioned us to now deliver seekers at unprecedented levels in the near term, and we’re committed to building on that momentum,” said Steve Parker, president and CEO of Boeing Defense, Space & Security.
To that end, production ramp-up and hiring to support it began earlier this year in Huntsville, with hundreds of direct and indirect jobs expected to be created as a result of the contract, according to Boeing.
In July, Lockheed Martin received a seven-year contract modification for up to $53.86 billion for PAC-3 Missile Segment Enhancement interceptors from the Department of War. This contract expanded PAC-3 MSE production and was expected to triple capacity by the end of 2030. Lockheed Martin is expected to have a 50% increase in jobs at its Camden, Arkansas facility.
Lockheed Martin also has facilities in Alabama, specifically in Troy, where the company recently broke ground on a munition facility, supporting work on THAAD and the Next-Generation Interceptor.
