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L3Harris to supply PAC-3 MSE propulsion under $4.7B Lockheed deal

L3Harris (LHX) said it received an undefinitized contract award from Lockheed Martin (LMT) valued at $4.7 billion over seven years to produce propulsion systems for the PAC-3 MSE interceptor.

LHXLMT

L3Harris Technologies, Inc. said Tuesday it has received an undefinitized contract award from Lockheed Martin Corp. 7 billion over seven years to produce propulsion systems for the PAC-3 Missile Segment Enhancement (MSE) interceptor. The agreement covers 3 propulsion subsystems used in the PAC-3 MSE interceptor.