Lockheed Martin has secured a $752 million contract from the U.S. Army to ramp up production of PAC-3 MSE missiles, increasing output from 500 to 650 units annually by mid-2027. This surge in production aims to meet the rising global demand for advanced missile defense systems, driven by ongoing conflicts in Ukraine and the Middle East. The PAC-3 MSE is a crucial component of the Patriot Air Defense System, offering enhanced capabilities to counter threats such as hypersonic missiles, tactical ballistic missiles, and aircraft. With this contract, Lockheed Martin continues to expand its production capacity and strengthens global air defense capabilities. This expansion supports the U.S. Army, Navy, and international allies in addressing emerging missile threats.
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