Boeing receives seven-year contract to accelerate PAC-3 MSE seeker output
Boeing was awarded an undefinitized contract action worth approximately $14.7 billion by Lockheed Martin to scale production of PAC-3 MSE seekers. The award formalizes a previously announced seven-year framework with the U.S. Department of War, enabling Boeing to triple seeker output from its Huntsville, Alabama facility, with hundreds of direct and indirect jobs expected.
Key figures
- Deal Value Usd
- $14.7 billion
- Contract term years
- 7
- Production multiplier
- triple PAC-3 MSE seeker production
AI analysis
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