As the global security landscape continues to evolve, Lockheed
Martin remains dedicated to providing proven, ready-now defense
solutions to help the U.S. government and its allies defend their
homelands
U.S. Army Awards Lockheed Martin $9.8B Contract to Bolster Missile Defense with PAC-3 MSE
Largest contract in Lockheed Martin Missiles and Fire Control history
Grand Prairie, Texas, Sept. 3, 2025 – The
U.S. Army awarded Lockheed Martin (NYSE: LMT) a $9.8 billion contract
for the production of 1,970 Patriot Advanced Capability – 3 Missile
Segment Enhancement (PAC-3 MSE) interceptors and associated hardware.
- This marks the largest contract in Lockheed Martin Missiles and Fire Control history and demonstrates the continued demand for and trust in this advanced, precise and proven interceptor.
"PAC-3 MSE’s recent combat performance solidified it as a must-have
capability for America and its allies around the world," said Jason
Reynolds, vice president and general manager of Integrated Air and
Missile Defense at Lockheed Martin.
"With this contract, we’ll be
delivering record numbers of PAC-3 MSE for years to come, ensuring our
customers have the advanced missile defense solutions they need to
defend what matters most.”
Lockheed Martin is continuing to ramp production of PAC-3 to meet
increased demand.
- The company is expected to deliver more than 600 interceptors in 2025 for the first time.
- This is a result of the company’s proactive steps to start the production ramp with significant internal investments to increase PAC-3 MSE production rates almost two years ahead of contract award.
PAC-3 MSE defends against incoming threats through direct
body-to-body contact delivering exponentially more kinetic energy on the
target than can be achieved with blast fragmentation mechanisms.
- The interceptor is combat proven against ballistic missile, cruise missile, hyper-sonic and airborne threats.
- 17 partner nations, including the U.S., have chosen PAC-3 to defend against incoming threats.
Lockheed Martin Corporation faces lawsuits over alleged fraud
Also in the news
ACCESS Newswire
LMT INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Lockheed Martin Corporation Shareholders with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!
NEW YORK, NY / ACCESS Newswire / September 3, 2025 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Lockheed Martin Corporation ("Lockheed Martin" or "the Company") (NYSE:LMT) and certain of its officers.
No comments:
Post a Comment