Lockheed Martin gets $6B for PAC-3 MSE production

Lockheed Martin received a $6.07 billion contract from the U.S. Army to produce Patriot Advanced Capability-3 (PAC-3) Missile Segment Enhancement (MSE) interceptors and associated equipment, to be delivered across FY21, FY22, and FY23 contract years.

The contract calls for the production and delivery of PAC-3 MSE interceptors, launcher modification kits, associated equipment, and non-recurring efforts to support the United States and global customers.

The PAC-3 MSE defends against advanced tactical ballistic missiles, cruise missiles, and aircraft.

To meet customer demand and increase production capacity, Lockheed Martin is currently building an 85,000ft² expansion at the Camden, Arkansas, facility where PAC-3 MSE interceptors are assembled. The building is expected to be complete by Q4 2021, with operations beginning in Q1 2022.

Ten nations – the United States, Qatar, Japan, Romania, Poland, the United Arab Emirates, Sweden, Korea, Bahrain, and Germany – have signed agreements to procure PAC-3 MSE interceptors.