Boeing Wins $14.7B Missile Seeker Deal
Boeing secured a seven-year contract worth up to $14.7 billion from Lockheed Martin to triple production of PAC-3 MSE seekers. The agreement supports surging demand driven by global conflicts and defense stockpiles.
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BOEING CO secured a $14.7 billion contract from LOCKHEED MARTIN CORP on Monday afternoon to triple production of PAC-3 MSE missile guidance seekers. The seven-year agreement scales manufacturing for the Patriot air defense system component. The deal addresses surging demand from United States military stockpiles amid ongoing conflicts.
