Global demand for missile defense surges with $4.7B PAC-3 MSE contract signed
Lockheed Martin has secured a $4.7 billion contract to produce PAC-3 MSE missiles, marking another major development in the rising global demand for advanced air and missile defense systems. Officials confirmed deliveries will be completed by June 2030, with $4.5 billion of the funding coming from international buyers through the Foreign Military Sales program. While the purchasing countries remain undisclosed, the deal underscores the increasing international reliance on sophisticated defense c