U.S. defense contractor L3Harris Technologies has been awarded a $4.7 billion undefinitized contract by Lockheed Martin to manufacture propulsion systems for the PAC-3 Missile Segment Enhancement (MSE) interceptor over a seven-year period.
L3Harris press release:
L3Harris Technologies (NYSE: LHX) has received an undefinitized contract award from Lockheed Martin, valued at $4.7 billion over seven years, to produce propulsion systems for the PAC-3® Missile Segment Enhancement (MSE) interceptor.
The multi-year contract is L3Harris’ largest PAC-3 propulsion award to date, which aligns with the long-term framework agreement established with the Department of War.
“Receiving this contract at unparalleled speed allows us to continue expanding PAC-3 propulsion production capacity to enable a wartime footing,” said Ken Bedingfield, President, Missile Solutions, L3Harris. “Supporting America’s Arsenal of Freedom and ensuring warfighters have the munitions needed to deter and defeat evolving threats will continue to be our priority.”
The new contract will support large-scale production of the MSE interceptor’s advanced two-pulse solid rocket motor, Lethality Enhancer and Attitude Control Motors.
L3Harris broke ground on two new facilities to support PAC-3 MSE in June at its Camden, Arkansas, site, which will enable substantial increases in onsite production, improve throughput and further modernize solid rocket motor manufacturing capabilities. Both production facilities are expected to be operational in 2027.
The new facilities build on earlier Camden investments supporting PAC-3 production, including dedicated bays and automated digital X-ray systems.
L3Harris continues to answer the Department of War’s call to surge critical munitions production, investing billions of dollars across its propulsion manufacturing footprint — including building approximately 60 new facilities — and adding more than 1 million square feet of manufacturing space across Alabama, Virginia and Arkansas.