# Pentagon awards Lockheed Martin up to $58.62B for seven years of PAC-3 MSE production

Canonical page: https://technooptimist.io/stories/pentagon-awards-lockheed-martin-up-to-58-62b-for-seven-years-of-pac-3-d9ca53c8
Date: 29 Jul 2026
About: [Lockheed Martin](https://technooptimist.io/companies/lockheed-martin.md) · [PAC-3 MSE production ramp](https://technooptimist.io/manufacturing/pac-3-mse-production.md)
Original source: https://news.lockheedmartin.com/2026-07-29-Department-of-War-Awards-Lockheed-Martin-58-62B-for-Multiyear-PAC-3-MSE-Production-to-Strengthen-the-Arsenal-of-Freedom

The US government added a seven-year contract modification worth up to $53.86 billion to April's $4.7 billion action, for a multiyear PAC-3 MSE total of $58.62 billion. Lockheed says the money will let it triple interceptor production capacity by the end of 2030.

## Key facts

- Camden, Arkansas staff to rise about 50%, from 1,200 to roughly 1,850.
- Lockheed plans $8-9B through 2030 to modernise more than 20 US facilities.
- Second multiyear deal of this kind, after a $35B THAAD contract in June 2026.
- The award is undefinitized; final terms are still being set.

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