US Army awards Lockheed Martin major order for PAC-3 Missiles: Grand Prairie, TX – November 14, 2024 – In a move driven by the rapidly growing global demand for advanced missile defense systems, the U.S. Army has awarded Lockheed Martin a significant contract to increase production capacity for the PAC-3 Missile Segment Enhancement (MSE). This strategic partnership aims to deliver 650 PAC-3 MSEs per year, bolstering global security with the world’s most advanced missile defense technology.
“The PAC-3 MSE‘s combat-proven deterrence capabilities are in high demand, and this demand is escalating quickly,” said Brian Kubik, Vice President of PAC-3 Programs at Lockheed Martin Missiles and Fire Control.
He elaborated on Lockheed Martin’s proactive approach: “To address this increasing demand, we began expanding PAC-3 MSE production capacity over a year ago, utilizing internal funding to bolster our factories and supply chain capabilities. Additionally, we’re investing in implementing lean and agile processes to ensure the most efficient delivery of this critical product to our partners.”
READ: Lockheed Martin integrates Q-53 MMR with Anduril’s Lattice System
Control Room for Missile Defense System. (Representative Image).
READ: Israel Shipyards Unveils Mini SHALDAG FPC at EURONAVAL 2024
Lockheed Martin‘s dedication to streamlining production has already yielded impressive results. Over the past eight months, the PAC-3 team has significantly increased output, shattering previous production records. 2024 alone has witnessed a staggering 30% production growth, with an additional 20% increase anticipated for the following year.
This impressive trajectory positions Lockheed Martin to consistently exceed the stated production capacity for the foreseeable future. By the end of 2024, the company will have surpassed yet another milestone, exceeding the production of 500 PAC-3 MSE missiles – a new production high. Recently, the team also celebrated the completion of the program’s 2,000th PAC-3 MSE missile, signifying a significant landmark in the program’s history.
READ: Navantia begins AIP Installation for S-83 Submarine
Lockheed Martin’s PAC-3 Missile Defense System.
READ: PM Modi, Spain’s Pedro Sanchez open Tata-Airbus plant in India
The ramp-up of production for critical systems like the PAC-3 aligns perfectly with Lockheed Martin’s 21st Century Security vision. This vision emphasizes strengthening the defense industrial base and developing even more advanced and modernized defense solutions. As production continues to climb to meet the surging demand, the PAC-3 MSE remains at the forefront of missile defense technology, offering unwavering precision and effectiveness against current and evolving threats.
READ: US Bolsters Taiwan’s Defences with $2 Billion Arms Deal
