Lockheed Martin Secures Historic $9.8 Billion Patriot Missile Deal
Lockheed Martin was awarded a $9.8 billion contract by the U.S. Army to produce Patriot missiles, marking the largest order for these interceptors. The PAC-3 MSE interceptors, valued at $4 million each, will be utilized by the U.S. and allied nations to bolster missile defense systems, potentially including the Golden Dome defense initiative.
The U.S. Army has awarded defense giant Lockheed Martin a historic $9.8 billion contract for the production of Patriot missiles. This marks the largest order for Patriot interceptors in history, as demand increases among both the U.S. and its allies.
The advanced Patriot air defense units, already deployed to aid Ukraine amidst ongoing Russian aggression, will feature Lockheed's PAC-3 Missile Segment Enhancement (MSE) technology. Each missile, priced at approximately $4 million, adds a layer of agility and precision to the military's defensive capabilities.
Integral to a broader defense strategy, these missiles may also be integrated into Trump's proposed Golden Dome defense shield. The Navy plans to incorporate the Lockheed-manufactured missiles into its air defense systems, with the contract encompassing 1,970 PAC-3 MSE missiles and related hardware for both U.S. and allied forces.
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