Global demand for air defense spikes amid rising missile procurement

The global appetite for advanced missile defense systems continues to surge as Lockheed Martin secures a $4.7 billion contract for its PAC-3 MSE missiles, with the lion’s share of funding sourced through international buyers under the Foreign Military Sales program. Deliveries under the deal are slated for completion by June 2030, underscoring sustained global interest in these systems amid rising geopolitical tensions. While the purchasing nations remain undisclosed, this contract broadens the