Archive · 6 Jan 2026
Lockheed Martin to Triple Patriot PAC-3 Missile Production
Lockheed Martin has made a big deal with the U.S. government to make a lot more Patriot PAC-3 missiles.
These missiles help protect countries from attacks in the air.
Right now, they make about 600 missiles each year, but they plan to make 2,000 missiles a year.
This is because many countries, including the U.S. and its allies, need more of these missiles to stay safe.
The company has already increased production by 60% in the last two years.
They recently got a huge order for 1,970 missiles worth $9.8 billion.
This deal will last for seven years and will help meet the growing demand for these important defense systems.
Lockheed Martin has agreed to increase annual production of Patriot PAC-3 missiles to 2,000 units from 600.
The seven-year agreement is with the U.S. Department of War to meet growing air defense needs.
Demand has risen due to heightened geopolitical tensions and supplies to Ukraine for defense against Russia.
Lockheed Martin delivered 620 units in 2025 and increased production by 60% over the last two years.
A $9.8 billion contract for 1,970 missiles was awarded in September 2025, the largest order for the weapon.
- Who
- Lockheed Martin and the U.S. Department of War
- What
- Agreement to triple production of Patriot PAC-3 missile interceptors
- When
- Agreement reached in January 2026, with initial contract award expected in fiscal year 2026
- Where
- United States and 16 other countries
- Why
- Increased demand due to heightened geopolitical tensions and air defense needs
- Company
- Lockheed Martin
- Agreement Duration
- Seven years
- Current Annual Production
- 600 units
- Planned Annual Production
- 2,000 units
- Recent Delivery (2025)
- 620 units
- Production Increase (Last 2 Years)
- 60%
- Largest Contract (September 2025)
- $9.8 billion for 1,970 missiles
- Countries Supplied
- U.S., Sweden, Qatar, Japan, Poland, and 12 others
