L3Harris wins $4.7 billion PAC-3 missile propulsion contract

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Go back to L3Harris wins $4.7 billion PAC-3 missile propulsion contract

L3Harris Receives Landmark PAC‑3 MSE Propulsion Contract to Power America’s Arsenal of Freedom

September 8, 2026 8:30 AM EDT

MELBOURNE, Fla.--(BUSINESS WIRE)-- L3Harris Technologies (NYSE: LHX) has received an undefinitized contract award from Lockheed Martin, valued at $4.7 billion over seven years, to produce propulsion systems for the PAC-3® Missile Segment Enhancement (MSE) interceptor.

The multi-year contract is L3Harris largest PAC-3 propulsion award to date, which aligns with the long-term framework agreement established with the Department of War.

Receiving this contract at unparalleled speed allows us to continue expanding PAC-3 propulsion production capacity to enable a wartime footing, said Ken Bedingfield, President, Missile Solutions, L3Harris. Supporting Americas... More