Lockheed Martin Awarded Record $53.9 Billion Army PAC-3 Missile Deal
War Contracts

Lockheed Martin Awarded Record $53.9 Billion Army PAC-3 Missile Deal

The Army converted a one-year contract into a seven-year multiyear buy for PAC-3 Missile Segment Enhancement interceptors, lifting the deal's total value to $58.6 billion through March 31, 2035.

Richard Miniter
By
First Published: July 30, 2026, 1:23 PM ET

GRAND PRAIRIE, TEXAS — Lockheed Martin Corp., the top contractor of the U.S. federal government, received a $53.9 billion Army modification to expand production of PATRIOT interceptor missiles, as announced on war.gov.