Boeing announced Monday that it formalized a seven-year contract supporting the Pentagon’s Acquisition Transformation Strategy, signing an approximately $14.7 billion “undefinitized” agreement with the Pentagon that allows the firm to triple its Patriot Advanced Capability-3 Missile Segment Enhancement.
“Early investment and a relentless focus on quality and execution have positioned us to now deliver seekers at unprecedented levels in the near-term, and we’re committed to building on that momentum,” Steve Parker, president and CEO of Boeing Defense, Space & Security, said in a release. “Our Boeing teammates could not be prouder of the role they play in protecting U.S. and allied service members, civilians and critical infrastructure worldwide.”
The agreement follows the framework deal that was announced in April. Production will be spread over seven years, matching Lockheed Martin’s push to surge production on the PAC-3 MSE all-up round.
Lockheed in January announced a seven-year framework agreement to increase annual PAC-3 interceptor production from approximately 600 to 2,000.
Work on the seekers began immediately, the company announced in April, and will be completed at Boeing’s facility in Huntsville, Alabama.
Boeing’s PAC-3 seekers work by identifying, tracking and knocking out a range of threats, from ballistic missiles and hypersonics to hostile air platforms.
Once the seeker identifies the target, the highly maneuverable interceptor, which uses a two-pulse solid rocket motor, engages and eliminates threats via direct body-to-body contact.
Monday’s announcement, meanwhile, comes as the U.S. military’s reliance on costly interceptors against cheap munitions, particularly those deployed by Iran during Operation Epic Fury, has come under increased scrutiny over the past eight months.
The announcement also follows a busy week for Boeing. Last Tuesday, the U.S. Navy selected the company to build its F/A-XX sixth-generation carrier-based fighter under a development contract worth more than $20 billion. The same day, the Air Force signed a $2.38 billion order for 22 more F-15EX Eagle II fighters.
Military Times reporter Michael Scanlon contributed to this report.
J.D. Simkins is Editor-in-Chief of Military Times and Defense News, and a Marine Corps veteran of the Iraq War.
Claire Barrett is an editor and military history correspondent for Military Times. She holds a master’s degree in military history from King’s College, London, and is also a World War II researcher with an unparalleled affinity for Sir Winston Churchill and Michigan football.
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