LMT · News · 20260901N
PAC-3 Contract and Production Outlook
LOCKHEED MARTIN CORP · 2026-09-01 · Importance 72 · Surprise 100 · In source text
The U.S. Department of War signed seven-year procurement agreements with General Dynamics Ordnance and Tactical Systems and Lockheed Martin to expand PAC-3 MSE and THAAD interceptor subcomponent manufacturing. The agreements guarantee minimum annual procurement quantities, supporting investment in workforce, materials, and facility upgrades. The reported objective is to triple PAC-3 MSE output and quadruple THAAD interceptor output as part of the department’s broader munitions-industrial-base expansion strategy.
Key facts
- The seven-year agreements aim to triple PAC-3 MSE output and quadruple THAAD interceptor output by guaranteeing minimum annual procurement quantities. source
- The Department of War signed seven-year procurement agreements that include Lockheed Martin to increase manufacturing capacity for PAC-3 MSE and THAAD interceptor subcomponents. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | committed | — | The Department of War signed seven-year procurement agreements that include Lockheed Martin to increase manufacturing capacity for PAC-3… |
| assets | positive | committed | — | The Department of War signed seven-year procurement agreements that include Lockheed Martin to increase manufacturing capacity for PAC-3… |