Lockheed Martin secures $4.7B deal to ramp up Patriot missile production amid high demand

The U.S. government has awarded Lockheed Martin a $4.7 billion preliminary contract to expand production of Patriot Advanced Capability-3 Missile Segment Enhancement (PAC-3 MSE) interceptors, sources confirmed Friday. These advanced missiles, a linchpin of American and allied air defense, have seen heightened demand due to ongoing regional conflicts, including their critical role in protecting Ukrainian infrastructure from ballistic missile attacks. Supply strains remain acute, with shortages ex