Boeing says it has been awarded a seven-year contract worth about $14.7 billion by Lockheed Martin to scale production and deliver PAC-3 Missile Segment Enhancement (MSE) seekers, according to Reuters.
PAC-3 MSE is a hit-to-kill interceptor used within the Patriot air defence system to counter ballistic missiles, cruise missiles and aircraft. The contract award enables Boeing to triple the production of PAC-3 MSE seekers, the missile’s guidance component that detects, tracks and helps intercept incoming targets.
Demand for the interceptor has surged as conflicts in Iran and Ukraine strain US weapons stockpiles.
