As the company announced on Wednesday, the US Army has awarded Lockheed Martin a contract worth USD 9.8 billion for Patriot missiles as demand for the missile defense system from the US military and foreign forces continues.
It will be the largest Patriot missile order to date.
Lockheed manufactures the latest version of the interceptors that arm the Patriot, known as the PAC-3 MSE, which cost about $4 million each, according to Army budget documents.
The Patriot system is among the sophisticated air defense systems the West is providing to Ukraine in the fight against the Russian invasion.
It could also be used in US President Donald Trump's Golden Dome missile defense shield.
The highly flexible Patriot Advanced Capability-3 Missile Segment Enhancement (PAC-3 MSE) interceptors produced under the contract are to go to the US Army and a handful of US allies.
The Navy plans to integrate (link) the Lockheed Martin-manufactured missiles into the ships' air defenses.
The contract covers 1,970 PAC-3 MSE missiles and associated hardware.