Back to News
Jan 6, 2026 12:00 PM

Lockheed Martin Lands Pentagon Deal To Triple PAC-3 Missile Output

Lockheed Martin Corporation (NYSE:LMT) on Tuesday entered into a seven-year framework agreement with the U.S. Department of War to significantly accelerate production of PAC-3 Missile Segment Enhancement (MSE) interceptors.

Details

With this deal, the company’s annual output is expected to scale from roughly 600 to 2,000 units, strengthening supply for U.S. forces as well as allied and partner nations.

The new framework offers long-term demand visibility, supports industry investment, enhances production capacity, and improves efficiency, all while utilizing a collaborative financing structure that maintains upfront ...