U.S. awards Lockheed Martin $58.62B for PAC-3 MSE missile production

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Go back to U.S. awards Lockheed Martin $58.62B for PAC-3 MSE missile production

Department of War Awards Lockheed Martin $58.62B for Multiyear PAC-3 MSE Production to Strengthen the Arsenal of Freedom

July 29, 2026 7:10 PM EDT

DALLAS, July 29, 2026 /PRNewswire/ -- Today, the U.S. government awarded Lockheed Martin (NYSE: LMT) a seven-year undefinitized contract action (UCA) modification for up to $53.86 billion for PAC-3 Missile Segment Enhancement (MSE) interceptors, supporting the Department of War's Acquisition Transformation Strategy. The award brings the total multiyear contract value to $58.62 billion, following the $4.7... More