Department of War awards Lockheed Martin US$58.62 billion to expand PAC-3 production
The US Department of War has awarded Lockheed Martin a seven-year Undefinitized Contract Action (UCA) modification for up to US$53.86 billion (about $77.3 billion) for PAC-3 Missile Segment Enhancement (MSE) interceptors, supporting the Department of War's Acquisition Transformation Strategy. The award brings the total multiyear contract value to US$58.62 billion…