Boeing has received a seven-year contract worth approximately $14.7 billion from Lockheed Martin to expand production of seekers for Patriot PAC-3 Missile Segment Enhancement interceptors.
Ukraine has asked EU countries to release Patriot missiles from their existing stocks to help defend against ballistic threats.
President Donald Trump has made a final decision to grant Ukraine licenses to produce Patriot missiles, Ukrainian President Volodymyr Zelenskyy said Friday.
European demand for proven air and missile defense systems is rising and Raytheon, an RTX business, is investing heavily to meet that need with higher production capacity.
Lockheed Martin is expanding production of PAC-3 Missile Segment Enhancement components in Poland through offset agreements with local industry.
The European Union has agreed to release €3.2 billion for Ukraine to procure interceptor missiles for its Patriot air-defence systems.
Lockheed Martin is pursuing a two-track expansion of its PAC-3 missile business, raising production of the PAC-3 MSE while developing a lower-cost interceptor for allied forces.
Britain will provide £100 million for Patriot missiles and other air-defence equipment under a winter support package for Ukraine.
“One missile, one mission: neutralize aircraft, cruise missiles and short‑range ballistic threats,” Lockheed Martin said in a social media post.
Ukraine has asked EU member states for several billion euros to strengthen its air defenses, including PAC-3 systems for Patriot batteries.
The U.S. Army is pursuing newer Patriot interceptor variants designed to provide greater capability at lower cost, according to the Congressional Research Service.
The U.S. Army plans to add three Patriot air and missile defense battalions between fiscal 2029 and 2031, expanding its active force from 15 battalions to 18.
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