L3Harris Wins $4.7 Bln Contract From Lockheed Martin For PAC-3 MSE Propulsion Systems

India, Sept. 8 -- L3Harris Technologies, Inc. (LHX) announced Tuesday it has received an undefinitized contract award from Lockheed Martin Corp. (LMT), valued at $4.7 billion over seven years, to produce propulsion systems for the PAC-3 Missile Segment Enhancement (MSE) interceptor.

The multi-year contract is L3Harris' largest PAC-3 propulsion award to date, which aligns with the long-term framework agreement established with the Department of War.

The new contract will support large-scale production of the MSE interceptor's advanced two-pulse solid rocket motor, Lethality Enhancer and Attitude Control Motors.

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L3Harris broke ground on two new facilities...