Boeing wins $14.7 billion Lockheed Martin contract to boost PAC-3 MSE seeker output
BA•Boeing won an undefinitized contract action worth about $14.7 billion from Lockheed Martin to scale PAC-3 MSE seeker output. The seven-year award sets a framework to triple production.
1. Production expansion
The contract supports increased seeker output for Patriot interceptor deliveries. Production ramp-up and related hiring began earlier this year, with hundreds of jobs expected in Huntsville, Alabama.
