Lockheed Wins $200M Navy Patriot Missile Contract

US Navy will deploy Patriot missile interceptors on warships to boost defense against drones and missiles.
Lockheed Martin secured a $200 million contract to integrate PAC‑3 MSE missiles into the Navy’s Aegis‑based weapon system, timeline unspecified.
The Navy seeks $1.7 billion in FY2027 budget for PAC‑3 MSE purchases, while production ramps from 600 to 2,000 units annually by 2030.