LMT · News · 20261031N

PAC-3 Contract Award

LOCKHEED MARTIN CORP · 2026-10-31 · Importance 58 · Surprise 42

The U.S. State Department approved a $2.1 billion sale of 500 Patriot PAC-3 missiles to Ukraine, with Lockheed Martin as the principal contractor. Canada, Germany, Norway, and the EU's Ukraine Support Loan are providing funding for the sale. Lockheed Martin is working to triple PAC-3 MSE production capacity by the end of 2030, while deliveries could take years.