The Pentagon signed seven-year framework agreements with General Dynamics ($GD) and Lockheed Martin ($LMT) aimed at expanding production and accelerating deliveries of components for THAAD and PAC-3 MSE missile interceptors.
- The agreements are designed to support multiyear procurement contracts with guaranteed minimum annual procurement quantities, subject to annual appropriations.
- General Dynamics Ordnance and Tactical Systems will expand production of interceptor components including motor cases, seeker housings, midsections and shroud deployment systems.
- The Pentagon is targeting a tripling of PAC-3 MSE interceptor production capacity and a quadrupling of THAAD interceptor production capacity.
- The seven-year framework is intended to support investments in workforce expansion, bulk materials and manufacturing facilities across General Dynamics and its suppliers.
- Lockheed Martin is the prime contractor for both the PAC-3 MSE interceptor and THAAD system.
Relevant Companies
- General Dynamics ($GD) - Its GD-OTS unit will scale production of critical interceptor components.
- Lockheed Martin ($LMT) - The agreement supports expanded production of its THAAD and PAC-3 MSE programs.
Editor’s Note: This is a developing story. This article may be updated as more details become available.
