L3Harris Signs Transformational Agreement to Drastically Increase Production for PAC-3 MSE
L3Harris Technologies (NYSE: LHX) has signed a transformational framework agreement with the Department of War (DoW) and Lockheed Martin, leveraging the government’s multi-year procurement authorities to enable a long-term contract for the PAC-3® Missile Segment Enhancement (MSE). This landmark step represents a dramatic acceleration in America’s ability to surge critical munitions production—fortifying the nation’s Arsenal of Freedom and ensuring its warfighters remain equipped with the ability to project unmatched power whenever and wherever needed.
As L3Harris’ largest PAC-3 propulsion agreement to date, it will allow the company to nearly triple production for a range of propulsion products supporting the PAC-3 MSE interceptor. The contract is expected to be definitized later this year.
“This critical, long-term agreement will allow us to continue to move at unprecedented speed and produce PAC-3 propulsion at rates never before seen,” said Ken Bedingfield, President, Missile Solutions, L3Harris. “We are actively preparing our facilities and our suppliers to meet the required ramp as well as introducing additional capacity to support future needs of the DoW and our allies and strengthen the Arsenal of Freedom.”
