Business
Lockheed Martin and Department of War Advance Landmark Acquisition Transformation to Accelerate PAC-3® MSE Production
Lockheed Martin (NYSE: LMT) signed a landmark framework agreement with the U.S. Department of War to rapidly accelerate the production and delivery of PAC-3® Missile Segment Enhancement (MSE) interceptors. This transformative partnership, designed to deliver sustained production at scale, will increase annual capacity from approximately 600 to 2,000 in a seven-year agreement, supporting U.S. forces, allies and partner nations.
About this update from Lockheed Martin Corporation
[{"type":"text","content":"Agreement supports new Department of War Acquisition Transformation Strategy","length":76,"tagName":"p","attribs":{}},{"type":"text","content":"DALLAS, Jan. 6, 2026 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) signed a landmark framework agreement with the U.S. Department of War to rapidly accelerate the production and delivery of PAC-3® Missile Segment Enhancement (MSE) interceptors. This transformative partnership, designed to deliver sustained production at scale, will increase annual capacity from approximately 600 to 2,000 in a seven-year agreement, supporting U.S. forces, allies and partner nations.","length":472,"tagName":"p"},{"type":"image","alt":"Today’s landmark agreement is a direct outcome of the Department of War’s new Acquisition Transformation Strategy and will more than triple production capacity to meet the needs of America and partner nations.","displaySize":"","headline":null,"caption":"Today’s landmark agreement is a direct outcome of the Department of War’s new Acquisition Transformation Strategy and will more than triple production capacity to meet the needs of America and partner nations.","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":225,"url":"https://media.zenfs.com/en/prnewswire.com/b2ef50766a7947939ccc873234be8b3d"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/.2296ZcUWCvHOJ5OGzGQfQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM5NztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/b2ef50766a7947939ccc873234be8b3d","width":400,"height":225}},"href":"https://mma.prnewswire.com/media/2855420/PAC_3_Framework_News_Release_Image_1.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"THE BIG PICTURE","length":15,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Acquisition Transformation: This agreement is a direct outcome of the Department of War's Acquisition Transformation Strategy, one of the most significant reforms to U.S. warfighting acquisition in decades. The framework introduces a new model that provides long-term demand certainty, enabling industry investment, increasing production rates and driving operational efficiencies. It incorporates a collaborative financing approach designed to preserve initial cash neutrality, allowing industry to invest confidently to meet required production le...