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This contract action enables the company to deliver record numbers of these advanced interceptors, bolstering defense capabilities for both American and allied forces.
Contract Value: $4.7 billion undefinitized contract action (UCA).
Production Target: Record numbers of PAC-3 MSE interceptors to be delivered this year.
Strategic Importance: Enhances defense against a wide range of threats, proven in operations like Operation Epic Fury.
The new contract follows a significant framework agreement with the U.S. Department of Defense signed in January as part of the administration’s Acquisition Transformation Strategy.
This move underscores the U.S. government’s commitment to maintaining robust munitions stockpiles and enhancing national security.
Tim Cahill, president of Lockheed Martin Missiles and Fire Control, noted that investments in facilities, workforce and supply chain position Lockheed Martin to deliver at scale and speed, supporting both the warfighter and allied forces. The PAC-3 MSE is regarded as a leading air defense missile, providing a crucial shield against diverse threats. Its effectiveness has been demonstrated in various operations, including Operation Epic Fury, where it has played a vital role in protecting forces and infrastructure.
U.S. Department of Defense Contract
Last month, Lockheed Martin and the U.S. Department of Defense signed a framework agreement to accelerate production of Precision Strike Missiles, aiming to quadruple output capacity.
The agreement builds on a prior $4.94 billion U.S. ...
