Army awards Lockheed $2.2B of potential $4.5B PAC-3 MSE purchase of 870 interceptors

By Jason Sherman / June 28, 2024 at 8:36 PM
The Army today announced it awarded Lockheed Martin a potential $4.5 billion contract for the latest-generation, hit-to-kill Patriot interceptors -- establishing options to buy 25% more Patriot Advanced Capability-3 Missile Enhancement Segment interceptors under a three-year, multiyear procurement package than previously disclosed. On June 28, the Army’s program executive office for missiles and space announced a contract with Lockheed Martin Missiles and Fire Control, a deal that exercises authorization from Congress for a block buy using funds between fiscal years...

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