Boeing lands seven-year, $14.7B Lockheed Martin contract to triple PAC-3 MSE seeker output

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Published: October 5, 2026

1 source

Updated: October 6, 2026 (1w ago)

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First reported by: Boeing Newsroom

BoeingLockheed MartinU.S. Department of WarU.S. ArmyU.S. NavyGeneral DynamicsPAC-3 Missile Segment EnhancementPatriot air defense systemHuntsville, AlabamaAegis combat system

In brief

Boeing received a seven-year, undefinitized $14.7 billion award from Lockheed Martin to triple production of PAC-3 MSE seekers at its Huntsville, Alabama factory.

Sources disagree

Factual claims where reporting sources diverge. Treat with care until confirmed by the primary investigator or regulator.

The counterparty to the $14.7 billion award is described both as Lockheed Martin and as the Pentagon.
BoeingMilitary Times
The stated value is given as approximately $14.7 billion by Boeing and as up to $14.7 billion by Breaking Defense.
BoeingBreaking Defense
The related Lockheed Martin PAC-3 contract vehicle is valued at $58.6 billion by Traders Union and nearly $59 billion by Breaking Defense.
Traders UnionBreaking Defense

Boeing announced on October 5, 2026 that it has received a seven-year contract from Lockheed Martin, structured as an undefinitized contract action worth approximately $14.7 billion, to scale production and deliver seekers for the PAC-3 Missile Segment Enhancement interceptor. The award, datelined Huntsville, Alabama, is intended to enable Boeing to triple its PAC-3 MSE seeker output, the guidance component that allows the Patriot interceptor to identify, track and defeat its target.

The announcement is the second stage of a production expansion that began with an April 1, 2026 framework…

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