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Boeing has been awarded a seven-year contract by Lockheed Martin valued at approximately $14.7 billion. The contract is for scaling production and delivering PAC-3 Missile Segment Enhancement (MSE) seekers.
Boeing (NYSE: BA ) was awarded an undefinitized contract action worth approximately $14.7 billion by Lockheed Martin (NYSE: LMT ) to scale production and deliver PAC-3® Missile Segment Enhancement (MSE) seekers.