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Boeing receives seven-year contract to accelerate PAC-3 MSE seeker output

PR Newswire•05/10/2026•14:00 ET
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Key Highlights

  • ➤$14.7B Boeing contract awarded by Lockheed Martin for PAC-3 MSE seekers
  • ➤Seven-year framework enables Boeing to triple PAC-3 MSE seeker production
  • ➤Boeing began production ramp-up and hiring earlier this year
  • ➤Hundreds of Huntsville-area direct and indirect jobs expected from contract

Expert Statements

Steve Parker, President and CEO of Boeing Defense, Space & Security

“Early investment and a relentless focus on quality and execution have positioned us to now deliver seekers at unprecedented levels in the near-term, and we’re committed to building on that momentum.”

Steve Parker, President and CEO of Boeing Defense, Space & Security

“Our Boeing teammates could not be prouder of the role they play in protecting U.S. and allied service members, civilians and critical infrastructure worldwide.”

Boeing receives seven-year contract to accelerate PAC-3 MSE seeker output PR Newswire

* The award formalizes a seven-year framework to triple PAC-3 MSE seeker production. * Increased production supports the Pentagon's Acquisition Transformation Strategy and strengthens the nation's U.S. Arsenal of Freedom. HUNTSVILLE, Ala., Oct. 5, 2026 /PRNewswire/ -- Boeing [NYSE:BA] was awarded an undefinitized contract action worth approximately $14.7 billion by Lockheed Martin [NYSE: LMT] to scale production and deliver PAC-3® Missile Segment Enhancement (MSE) seekers.

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