← Back to the feed

Missile Defense·PAC-3 MSE

Lockheed Martin Invests $9B in US Facilities

1 source · first reported 2h ago

Lockheed Martin plans to invest up to $9 billion in over 20 US facilities to expand production of key missile systems. The company received a $53.86 billion contract modification for PAC-3 MSE interceptors.

Why it matters

The investment and contract modification signify a significant expansion of US missile production capabilities, enhancing national defense.

AcquisitionDoD
Prime/Industry 1
Single-source: Prime/Industry

Development timeline

How this story unfolded across sources, oldest first.

  1. Defence-industry · Primary
    Lockheed Martin plans to invest up to $9 billion at more than 20 facilities across the United States to expand production of key missile systems