Lockheed Martin reported $75 billion in 2025 sales, up 6 percent from $71 billion recorded the previous year, and ended the year with a record backlog of $194 billion. In an earnings release published ...

The Pentagon is moving to dramatically expand production of its most advanced Patriot interceptor, the PAC-3 Missile Segment Enhancement, in a bid to keep pace with surging demand for air and missile ...

Lockheed Martin LMT3.59%increase; green up pointing triangle said it will increase annual production of PAC-3 missile segment enhancement interceptors after signing a seven-year agreement with the ...

Add Yahoo as a preferred source to see more of our stories on Google. Lockheed Martin logo is seen in this illustration taken July 26, 2025. REUTERS/Dado Ruvic/Illustration Jan 6 (Reuters) - Lockheed ...

Acquisition Transformation: This agreement is a direct outcome of the Department of War's Acquisition Transformation Strategy, one of the most significant reforms to U.S. warfighting acquisition in ...

The PAC-3 MSE has been coupled with the LTADMS radar to demonstrate a 360-degree engagement capability for the U.S. Army’s modernized IAMD architecture. The U.S. Army’s Patriot air defense system was ...

Lockheed Martin and Pioneers Technical Systems will establish Saudi Arabia’s first PAC-3 ground depot to support PATRIOT ...

Lockheed Martin Corporation LMT is enhancing its PAC-3 Missile Segment Enhancement (“MSE”) system by using artificial intelligence and machine learning. The company aims to make its air and missile ...

Lockheed Martin (NYSE: LMT) has received a potential three-year, $1.45 billion contract to produce and supply Patriot Advanced Capability-3 and PAC-3 Missile Segment Enhancement interceptors for the U ...

Bethesda-based Lockheed Martin said Tuesday that it has reached a seven-year agreement with the U.S. Department of War to increase the annual production capacity for its PAC-3 missile interceptors to ...