Boeing gets ~$14.7B Lockheed UCA to triple PAC-3 seekers

Boeing said on Oct. 5, 2026 that Lockheed Martin, the PAC-3 MSE prime, awarded it an undefinitized contract action worth about $14.7 billion to scale and deliver PAC-3 Missile Segment Enhancement seekers. Boeing said the award formalizes the April 1 seven-year U.S. Department of War framework to triple seeker production; an undefinitized action means final terms are not yet set. Production ramp-up and Huntsville hiring began after that April framework, and Boeing expects hundreds of direct and indirect jobs in Alabama.