Boeing awarded $14.7 billion contract to triple PAC‑3 MSE seeker production

Boeing received an undefinitized contract action worth about $14.7 billion from Lockheed Martin to scale production and deliver PAC‑3 Missile Segment Enhancement seekers, under a seven‑year framework agreement with the U.S. Department of War.

The contract allows Boeing to triple seeker output, and production ramp‑up and hiring began earlier this year, with hundreds of direct and indirect jobs expected in Huntsville, Alabama.