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Boeing receives Lockheed PAC-3 MSE contract worth up to $14.7 billion

Source: reuters.com

Infrastructure & DefenseCompany Fundamentals
Boeing receives Lockheed PAC-3 MSE contract worth up to $14.7 billion

Boeing said it was awarded a seven-year contract worth about $14.7 billion by Lockheed Martin to scale production and deliver PAC-3 Missile Segment Enhancement (MSE) seekers. The award provides Boeing with a substantial multi-year defense program.

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