Lockheed says it plans to dramatically turn up Patriot missile production
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Lockheed says it plans to dramatically turn up Patriot missile production
"Lockheed Martin plans to dramatically ramp up production of Patriot missile interceptors, aiming to more than triple its annual output to 2,000, the defense contractor said on Tuesday. Lockheed said that it had reached an agreement with the US Department of Defense to "rapidly accelerate" the production and delivery of its PAC-3 Missile Segment Enhancement (MSE) interceptors over a seven-year period."
"Global demand for capable air defenses and interceptors has surged in recent years in response to the large missile attacks seen in Russia's ongoing war against Ukraine and in Middle East conflicts. The American-made MIM-104 Patriot air defense system has been at the center of both. The surface-to-air missile system has served as the backbone of Ukraine's defense against Russian missile strikes, functioning as the top layer of an air defense network largely supported by Western-made technology."
Lockheed Martin will boost annual PAC-3 Missile Segment Enhancement (MSE) production from roughly 600 to 2,000 interceptors under a seven-year agreement with the US Department of Defense. The expanded capacity will supply US forces as well as allied and partner militaries. Rising global demand for capable air defenses has followed large missile attacks in Russia's war against Ukraine and recent Middle East conflicts, where the MIM-104 Patriot has played a central role. High expenditure rates of Patriot interceptors have raised concerns about future stockpiles. Lockheed reported a more than 60% production increase over two years and delivery of 620 interceptors in 2025.
Read at Business Insider
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