Boeing announced that it has secured $2.7 billion in multi-year contracts to supply a component for the Patriot interceptor missiles.
The company will be working with Lockheed Martin and the U.S. Army to increase production rates and meet targets for the Patriot Advanced Capability‑3 (PAC‑3) interceptor. Boeing is planning to deliver more than 3,000 seekers at rates up to 750 units per year through 2030.
“Our team has never been better positioned to answer the nation’s call for greater air and missile defense,” said Jim Bryan, executive director of Boeing Integrated Air & Missile Defense. “These multiyear awards recognize the progress we’ve made and will allow us to meet growing global demand for the PAC‑3 seeker.”
“Boeing‑built PAC‑3 seekers enable Patriot interceptors to identify, track and defeat advanced threats, including hypersonic threats, hostile aircraft, and ballistic and cruise missiles,” the aerospace company explained. “Demand for PAC‑3 interceptors has grown in response to recent conflicts and rapidly changing threat environments in Ukraine, the Middle East and the Indo‑Pacific.”
Boeing is also to develop next-generation fighter jets.
“At my direction, the United States Air Force is moving forward with the world’s first sixth-generation fighter jet,” President Trump said earlier this year, adding that “nothing in the world comes even close it, and it’ll be known as F-47.”
“The generals picked the title and it’s a beautiful number, F-47, it’s something the likes of which nobody has seen before. In terms of all of the attributes of a fighter jet, there’s never been anything even close to it, from speed to maneuverability to what it can have, to payload,” he described, noting the fighter jet has “been in the works for a long period of time.”
