Core Insights - Lockheed Martin signed a landmark framework agreement with the U.S. Department of War to accelerate the production of PAC-3 MSE interceptors, increasing annual capacity from approximately 600 to 2,000 over a seven-year period [1][3][7] Group 1: Agreement Details - The agreement is a direct result of the Department of War's Acquisition Transformation Strategy, aimed at tripling production capacity to meet the needs of U.S. forces and partner nations [2][3][7] - The framework introduces a new model providing long-term demand certainty, enabling industry investment and increasing production rates [7] Group 2: Economic Impact - The agreement is expected to add thousands of American jobs across the supply chain [2][3] - In 2025, Lockheed Martin delivered over 24,000 Missiles and Fire Control products to the U.S. and its allies, indicating strong demand [4] Group 3: Production Capacity and Investment - Lockheed Martin has increased PAC-3 MSE production by over 60% in the past two years, delivering 620 units in 2025, which is more than a 20% increase from the previous year [7] - The company will support necessary investments to drive the production increase, benefiting from long-term demand certainty for PAC-3 MSE interceptors [7]
Lockheed Martin and Department of War Advance Landmark Acquisition Transformation to Accelerate PAC-3® MSE Production